MacKinnon Alasdair John 4

What Happened

• Alasdair MacKinnon, a director of Vuzix Corp (VUZI), received a grant of 29,412 restricted share units (RSUs) on July 15, 2026. The RSUs were awarded at $0.00 (no cash paid) and represent a contingent right to one share of common stock upon vesting. The newly awarded RSUs vest on June 30, 2027, subject to MacKinnon's continued service.
• The Form 4 reports a total of 94,707 restricted awards after this grant (29,412 newly awarded RSUs plus 65,295 previously awarded restricted stock), of which 55,295 are already vested.

Key Details

• Transaction type/code: Award/Grant (A)
• Transaction date: July 15, 2026; Form 4 filed July 17, 2026 (timely filing)
• Price: $0.00 per RSU (compensation grant)
• Newly awarded: 29,412 RSUs (0 vested at grant)
• Total reported awards after transaction: 94,707 (65,295 prior restricted stock awards; 55,295 of those are vested)
• Footnote highlights: Each RSU converts to one share upon vesting; the 29,412 RSUs vest on June 30, 2027 subject to continued service.

Context

• RSUs are a form of compensation that convert to shares only after vesting; they are not open-market purchases or sales and therefore do not directly signal buying or selling intent.
• Vested awards (55,295) likely represent shares the insider already controls; unvested RSUs (including the new grant) are subject to service/vesting conditions and are not immediately tradable.