Carlile Robert Paul 4
Research Summary
AI-generated summary
MicroVision (MVIS) Director Carlile Robert Paul Receives 22,007 Shares
What Happened
- Carlile Robert Paul, a director of MicroVision, received 22,007 shares on 2026-03-02 when restricted stock units (RSUs) vested and converted into common stock. The Form 4 reports the conversion as an exercise/conversion of a derivative (code M) with an acquisition price of $0.00 — no cash was paid.
- The filing also shows a matching disposition of 22,007 derivative units, which reflects the conversion of RSUs into shares (not a sale of stock).
Key Details
- Transaction date: 2026-03-02. Price: $0.00 per share (vested RSU conversion).
- Shares acquired: 22,007 common shares via RSU vesting. Shares disposed: 22,007 derivative units (represents removal of the RSU position).
- Shares owned after transaction: not specified in the reported data.
- Footnotes: F1/F2 confirm vested RSUs converted one-for-one into shares without payment. F3 notes a correction to a prior Form 4 reporting the original RSU grant; vesting here was calculated based on the corrected total (reported as 88,028 RSUs) and the award vests in four equal quarterly installments (subject to continued service and earlier vesting conditions).
- Filing timeliness: Report filed 2026-03-02 (same day as the report period); no late filing indicated.
Context
- This was not an open-market purchase or sale but a routine vesting/conversion of previously granted RSUs into shares. Such conversions are standard compensation events and do not by themselves indicate a buy or sell signal.
- The Form 4’s use of code M for both acquisition and disposition is common when a derivative (RSU) is converted into underlying shares — the derivative position is removed (disposed) and shares are acquired.