Smith Jada 4

What Happened

• Jada Smith, a director of MicroVision, acquired 28,185 shares of MicroVision common stock on March 15, 2026. The reported aggregate purchase price was $15,000 (reported on the Form 4 as $0.53 per share; footnote clarifies the purchase price was $0.5322, the closing price on March 13, 2026). This was a direct purchase from the company under a Subscription Agreement.

Key Details

• Transaction date: 2026-03-15; Form 4 filed: 2026-03-16 (filed one day after the transaction, within the standard two-business-day window).
• Shares acquired: 28,185; per-share price: $0.5322 (footnote); total value: ~$15,000.
• Transaction code/type: A (award/grant/other acquisition) — in this case a direct subscription purchase.
• Shares owned after the transaction: not disclosed in the Form 4.
• Footnotes: F1 — purchase pursuant to a Subscription Agreement executed March 15, 2026; F2 — the purchase is intended to be an exempt transaction under Rule 16b-3.

Context

• This was a purchase (direct acquisition from the company), which investors often view as more informative than routine sales. The transaction was processed as an exempt insider transaction under Rule 16b-3, which commonly covers certain officer/director purchases and grants and shields them from short-swing profit liability when conditions are met. The filing appears timely.