Ying Wei 4

What Happened
Ying Wei, 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/acquisition (code A). The grant price is reported as N/A; each RSU represents a contingent right to receive one share of Microvast common stock upon vesting. No immediate cash purchase or sale was reported.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely under the 2-business-day filing rule).
• Shares granted: 20,000 RSUs; grant price: N/A; dollar value not reported on the Form 4.
• Vesting: RSUs vest on December 31, 2026, subject to Ying Wei's continued service through that date (per footnote).
• Origin: Grant made under the issuer's non-employee director compensation policy (footnote F1).
• Shares owned after transaction: Not specified in the information provided.

Context
RSUs are a form of compensation: they represent a promise to deliver shares in the future if vesting conditions are met. Because this is a routine director compensation award (not a market purchase or sale), it should be viewed as pay-related rather than a direct signal of the director's view of Microvast's near-term stock prospects.