Pan Yixin 4

What Happened Pan Yixin, a director of Microvast Holdings, was granted 20,000 restricted stock units (RSUs) on April 1, 2026. The Form 4 lists this as an award/grant (transaction code A); no per-share price or total dollar value was reported. These RSUs are compensation, not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-01 (Form filed 2026-04-03; appears timely under Form 4 rules).
• Transaction type/code: Award/Grant (A).
• Amount: 20,000 restricted stock units (each RSU represents a contingent right to one share).
• Price/value: Not reported (N/A on the Form 4).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: RSUs vest on December 31, 2026, subject to the reporting person's continued service through that date (per the issuer’s non-employee director compensation policy).

Context RSUs are a common form of director compensation and represent a contingent right to receive shares if vesting conditions are met; they do not convey immediately tradable shares or indicate a buy/sell decision by the insider. After vesting, shares may be delivered and could be subject to tax withholding or later sale. This award should be viewed as routine compensation unless accompanied by other insider activity.