Hrynewich Stephen 4

What Happened

• Stephen Hrynewich, Interim Chief Financial Officer of MicroVision (MVIS), had 4,800 restricted stock units (RSUs) vest and convert into 4,800 shares on March 5, 2026. The conversion shows a $0 exercise price because these were RSUs distributed on a unit-for-share basis.
• To cover withholding taxes, 1,559 of those shares were surrendered in a non‑discretionary sell‑to‑cover on March 6, 2026 at $0.56 per share, totaling approximately $870. Net shares retained from the vesting are 3,241 (4,800 − 1,559).

Key Details

• Transaction dates and types: March 5, 2026 — RSU vest/derivative conversion (code M); March 6, 2026 — tax withholding/sell‑to‑cover (code F).
• Prices/values: Conversion recorded at $0.00 per share (RSUs); withheld shares at $0.56 each, ~$870 total withheld value.
• Shares owned after transaction: Not reported in the Form 4 filing.
• Footnotes: F1/F3 indicate vested RSUs converted unit‑for‑unit into common stock; F2 indicates the withholding was a nondiscretionary sell‑to‑cover by the issuer.
• Filing timeliness: Report filed March 9, 2026 for transactions on March 5–6, 2026; this filing date is within the SEC’s Form 4 reporting window and therefore timely.

Context

• This was a standard RSU vesting and tax-withholding transaction, not an open‑market purchase or discretionary sale; sell‑to‑cover is a common administrative step and should not be interpreted as a trading signal about the insider’s view.
• For derivative items: the Form shows the RSUs converting into shares (exercise/conversion), not a cash purchase of stock.