Wu Yang 4
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Microvast (MVST) CEO Wu Yang Receives 93,135-Share Award
What Happened Wu Yang, Chief Executive Officer of Microvast Holdings, Inc. (MVST), was granted 93,135 shares on March 13, 2026. The filing lists this transaction as an award/acquisition (code A); no per-share price or total dollar value is reported (N/A). This represents shares earned from previously granted performance stock units (PSUs) after performance certification.
Key Details
- Transaction date: March 13, 2026 (Form 4 filed same day).
- Transaction type: Award/Acquisition (A) — 93,135 shares; price reported as N/A.
- Shares owned following the transaction: not specified in the filing.
- Footnote: F1 — these shares were earned from performance stock units certified by the Compensation Committee on March 13, 2026, based on achievement of applicable performance conditions.
- Filing timeliness: the Form 4 was filed the same date as the transaction (appears timely); no 10b5‑1 plan or tax‑withholding details disclosed.
Context Performance stock units are contingent awards that convert to shares when performance targets are met and certified; this is not a market purchase or sale. Awards like this increase an insider’s equity stake but do not by themselves indicate buying or selling intent.