BIDDISCOMBE SIMON 4

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.