Wong Arthur Lap Tat 4

What Happened

• Arthur Lap Tat Wong, a director of Microvast Holdings, was granted 37,500 restricted stock units (RSUs) on 2026-01-01 (transaction code A — award/grant). The Form 4 lists no purchase price (N/A) because this was a compensation award, not an open‑market trade. Each RSU represents a contingent right to one share of Microvast common stock that will convert to shares upon vesting.

Key Details

• Transaction date: 2026-01-01; Form 4 filed: 2026-02-17.
• Grant size: 37,500 RSUs; price: N/A (compensation award).
• Vesting: RSUs vest on December 31, 2026, contingent on continued service through that date (per footnote).
• Shares owned after transaction: not disclosed in the provided filing details.
• Timeliness: the filing date (Feb 17) is well after the Jan 1 grant; this appears late relative to the SEC’s standard 2-business-day Form 4 filing requirement.

Context

• RSUs are a deferred-compensation award that convert to actual shares only if vesting conditions are met; they are not an immediate purchase or sale and don’t necessarily signal a near-term trading intent. Grants to non-employee directors are a common form of board compensation.