MICROVISION, INC.·4

Mar 2, 9:56 PM ET

Smith Jada 4

Research Summary

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MicroVision (MVIS) Director Jada Smith Receives 22,007 Shares

What Happened
Jada Smith, a director of MicroVision, had 22,007 restricted stock units (RSUs vest) convert into 22,007 shares of common stock on 2026-03-02. The transaction is reported as an exercise/conversion of a derivative (code M): 22,007 shares acquired at $0.00 and the corresponding derivative instrument disposed of at $0.00. No cash changed hands — this was the vesting/distribution of compensation awards, not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-03-02. Transaction code: M (exercise/conversion of derivative).
  • Shares acquired: 22,007 common shares at $0.00 (total value $0).
  • Derivative disposed: 22,007 (reported as disposed in the filing, representing conversion of the RSU).
  • Shares owned after transaction: not specified in the Form 4.
  • Filing timeliness: Form filed same day as the transaction (no late filing indicated).
  • Footnotes: RSUs vested and were distributed on a unit-for-unit basis without payment. The filing notes a prior Form 4 misreported the total RSU grant amount; the vesting reported here was calculated using the corrected grant total.

Context
This was a routine director compensation event (vesting/conversion of RSUs) rather than a market buy or sell. The "disposed" line refers to the derivative (the RSU) being converted into shares, not an open‑market sale of shares. Such vesting events are typical compensation and do not, by themselves, indicate insider buying or selling intent.