[Form 4] Vuzix Corp Insider Trading Activity

Rhea-AI Filing Summary

Chris Parkinson, President of Vuzix Enterprise Solutions, reported insider grants on 09/29/2025. He was granted 150,000 shares of restricted common stock issued at no cash price and will own 152,250 shares following the transaction. In addition, he received 1,000,000 Restricted Stock Units (RSUs) that each represent the right to one share; those RSUs will vest only if specified revenue and EBITDA targets for the Enterprise Solutions business unit are met by December 31, 2028. The restricted shares will vest quarterly over one year.

Positive

• Performance-linked RSUs tie substantial equity upside to explicit revenue and EBITDA targets for Enterprise Solutions by 12/31/2028
• Immediate restricted shares (150,000) increase insider ownership and align interests with shareholders; those shares vest quarterly over one year

Negative

• Potential dilution from 1,000,000 RSUs if performance conditions are met and the RSUs convert to common stock
• No cash consideration was paid for the grants (price listed as $0), representing a compensation expense funded by the company

Insights

Financial Analyst

TL;DR: A senior executive received a mix of immediate restricted shares and performance-based RSUs, aligning compensation with business targets.

The grant combines time-based restricted stock that vests quarterly over one year and a larger performance-conditioned RSU award tied to revenue and EBITDA targets through 2028. This structure preserves upside for management only if Enterprise Solutions meets specified financial metrics. The immediate restricted shares increase insider ownership modestly, while the RSUs create contingent dilution only if performance hurdles are cleared.

Corporate Governance Expert

TL;DR: Compensation uses standard governance safeguards: time vesting plus explicit performance conditions for long-term incentives.

The filing discloses clear vesting conditions and timelines: quarterly vesting over one year for restricted shares and explicit revenue/EBITDA vesting triggers for RSUs through year-end 2028. Disclosure is transparent about the nature and conditions of awards and the reporting person’s role as President of Vuzix Enterprise Solutions, supporting accountability for the incentive design.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Parkinson Christopher Iain

(Last) (First) (Middle)

25 HENDRIX ROAD, SUITE A

(Street)

WEST HENRIETTA NY 14586

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Vuzix Corp [ VUZI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	See Remarks

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/29/2025		A(1)		150,000	A	$0	152,250	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(2)	09/29/2025		A		1,000,000		(3)	(3)	Common Stock	1,000,000	$0	1,000,000	D

Explanation of Responses:

1. Represents grant of restricted stock. The shares will vest quarterly over one year.

2. Each Restricted Stock Unit ("RSU"s) represents the contingent right to receive one share of common stock.

3. The RSUs will vest solely upon the achievement of certain revenue and EBITDA targets of the issuer's Enterprise Solutions business unit by December 31, 2028.

Remarks:

President Vuzix Enterprise Solutions

	/s/ Chris Parkinson	09/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for Vuzix (VUZI)?

The Form 4 was filed by Christopher Iain Parkinson, President of Vuzix Enterprise Solutions.

What equity did the insider acquire on 09/29/2025?

He was granted 150,000 restricted shares (vesting quarterly over one year) and 1,000,000 RSUs contingent on performance.

What are the vesting conditions for the 1,000,000 RSUs?

The RSUs vest only if specified revenue and EBITDA targets for the Enterprise Solutions business unit are achieved by December 31, 2028.

How many shares will the reporting person beneficially own after the transaction?

The filing shows 152,250 shares beneficially owned following the reported transaction(s).

Was any cash paid for the granted securities?

No cash was paid; the price for the restricted shares and RSUs is listed as $0.