Wong Arthur Lap Tat 4

What Happened

Wong Arthur Lap Tat, a director of Microvast Holdings, Inc. (MVST), was granted 20,000 restricted stock units (RSUs) on April 1, 2026. The Form 4 lists this as an award/grant (code A); no per-share price or immediate cash value was reported (N/A). These RSUs represent a contingent right to receive one share of Microvast common stock per unit and will convert to shares if and when they vest.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (timely filing).
• Grant: 20,000 RSUs; price/value: N/A on the Form 4.
• Vesting: RSUs vest on December 31, 2026, contingent on continued service through that date (see footnote F1).
• Shares owned after transaction: Not specified in the Form 4.
• Transaction code: A = Award/Grant (compensation), not an open-market purchase or sale.

Context

This was a compensation award under Microvast’s non-employee director policy (per filing footnote). Awards like RSUs are common for board compensation and do not represent an immediate market purchase or sale by the director; they only translate into shares if vesting conditions are met.