Worthen Rodney 4
4 · Microvast Holdings, Inc. · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Microvast (MVST) CFO Rodney Worthen Receives RSU Awards
What Happened Rodney Worthen, Chief Financial Officer of Microvast Holdings (MVST), received two RSU awards (15,000 RSUs on 2025-08-10 and 85,714 RSUs on 2026-01-09) totaling 100,714 restricted stock units (each RSU represents the right to one share). He also disposed of 2,671 shares in an automatic sell-to-cover transaction on 2025-11-25 at $3.48 per share, generating about $9,295. The RSUs are awards (acquisitions) that vest over multi-year schedules rather than open-market purchases.
Key Details
- Transactions:
- 2025-08-10: Award of 15,000 RSUs (F1). Vest in equal installments on Aug 10, 2026, 2027 and 2028.
- 2025-11-25: Sale of 2,671 shares at $3.48/share for $9,295 (F2) — sell-to-cover for tax withholding, not a discretionary sale.
- 2026-01-09: Award of 85,714 RSUs (F3). Vest in equal installments on Jan 9, 2027, 2028 and 2029.
- Shares owned after transaction: Not reported in this filing.
- Footnotes: F1/F3 = RSUs under the 2021 Equity Incentive Plan (each converts to one share on vesting). F2 = automatic sell-to-cover to satisfy tax withholding.
- Filing timeliness: Form 4 filed Jan 29, 2026; the report covers transactions back to Aug 10, 2025, and appears to have been filed late.
Context RSU grants are common long-term compensation and vest over future dates; they are acquisitions but do not represent immediate share purchases on the open market. The November sale was an automatic tax-withholding transaction (sell-to-cover) and therefore should not be interpreted as a discretionary sell signal by the CFO.
Insider Transaction Report
- Award
Common Stock
[F1]2025-08-10+15,000→ 34,379 total - Sale
Common Stock
[F2]2025-11-25$3.48/sh−2,671$9,295→ 31,708 total - Award
Common Stock
[F3]2026-01-09+85,714→ 117,422 total
Footnotes (3)
- [F1]Represents restricted stock units ("RSUs") granted pursuant to the Microvast Holdings, Inc. 2021 Equity Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on August 10, 2026, 2027 and 2028, respectively.
- [F2]Represents the sale price per common stock required to be sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs granted pursuant to the Plan. The sale occurred automatically to satisfy the tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F3]Represents RSUs granted pursuant to the Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock. The RSUs vest in equal installments on January 9, 2027, 2028 and 2029, respectively.