Herbst Jeffrey A 4

4 · MICROVISION, INC. · Filed Mar 2, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

Microvision Director Jeffrey Herbst Receives 22,007 Shares

What Happened

Jeffrey A. Herbst, a director of Microvision, had 22,007 vested restricted stock units (RSUs) convert into 22,007 shares of common stock on March 2, 2026. The Form 4 reports an acquisition (conversion) of 22,007 shares at $0.00 and a simultaneous disposition entry of 22,007 shares at $0.00; total reported cash value for these entries is $0.
This reflects RSU vesting and distribution (compensation), not an open-market purchase or a market-sale for cash.

Key Details

Transaction date: 2026-03-02. Transaction code: M (conversion/exercise of derivative).
Shares acquired: 22,007 at $0.00 (unit-for-unit RSU conversion). Shares disposed: 22,007 at $0.00 (reported as derivative).
Reported dollar value: $0.00 for both acquisition and disposition entries.
Shares owned after transaction: not specified on the provided filing.
Notable footnotes: RSUs were distributed without payment on a unit-for-share basis; vesting schedule and a prior Form 4 reporting error are noted (the prior filing misreported the total grant amount and vesting here was calculated using the corrected total).
Filing timeliness: Reported on the same day (2026-03-02) — appears timely.

Context

RSU conversions are compensation-related and do not represent a purchase signal; they often reflect routine vesting for service. Derivative-code entries can show conversion and internal transfers (e.g., for tax withholding), but this filing reports $0 values and does not detail any cash sale of the shares.

Form 4

Period: 2026-03-02

Director

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-02+22,007→ 230,727 total
Exercise/Conversion
Restricted Stock Units
[F2][F3]
2026-03-02−22,007→ 0 total
Exercise: $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.

Signature

/s/ Drew G. Markham, attorney-in-fact for Jeffrey A. Herbst|2026-03-02

1 file