BIDDISCOMBE SIMON 4
4 · MICROVISION, INC. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
MicroVision (MVIS) Director Simon Biddiscombe Receives 22,007 Shares
What Happened
Simon Biddiscombe, Executive Vice Chair and director of MicroVision (MVIS), had 22,007 shares issued on 2026-03-02 via conversion/exercise of a derivative (reported as code M). The Form 4 shows those 22,007 shares acquired at $0 and a simultaneous disposition of 22,007 shares at $0. Footnotes explain these were vested restricted stock units (RSUs) converted to common stock on a unit-for-unit basis without payment.
Key Details
- Transaction date: 2026-03-02; transaction code M (exercise/conversion of derivative).
- Reported quantities: 22,007 shares acquired @ $0 and 22,007 shares disposed @ $0 (both reported as derivative transactions).
- Reported value: $0 (reflects conversion of vested RSUs, not a cash purchase or market sale).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnotes: confirm RSUs were distributed without payment and note a prior Form 4 misstated the RSU grant total; vesting here was calculated using the corrected grant amount.
- Filing date: 2026-03-02 (no late-filing flag shown in the provided data).
Context
This was an RSU vest/conversion event, not an open-market purchase or sale of stock. The simultaneous acquisition and disposition entries are commonly administrative (e.g., conversion mechanics or withholding/transfer processing) rather than an indication of an intentional trade; the filing’s footnotes state these were vested RSUs converted into shares. Vesting events are routine compensation, so they don’t necessarily signal the insider’s view on the company’s prospects.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-03-02+22,007→ 291,299 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-03-02−22,007→ 0 totalExercise: $0.00From: 2026-03-02Exp: 2026-03-02→ Common stock (22,007 underlying)
Footnotes (3)
- [F1]Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
- [F2]At vesting, RSUs convert into shares of common stock on a unit-for-share basis, without payment.
- [F3]RSUs granted 06/06/2025 are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the Issuer's 2026 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date. The Form 4 filed on 06/06/2025 incorrectly reported the total RSUs granted on 06/05/2025 as 87,462 RSUs instead of the correct amount of 88,208 RSUs. The vesting reported herein was calculated based on the correct amount of 88,028 RSUs.