DeVos Glen W. 4

What Happened

• Glen W. DeVos, MicroVision's CEO and a company director, acquired 187,900 shares of MicroVision common stock on March 15, 2026. The shares were purchased directly from MicroVision under a Subscription Agreement at $0.5322 per share (reported value ≈ $100,000). This was a purchase (acquisition) rather than a sale.

Key Details

• Transaction date: March 15, 2026; Form 4 filed March 16, 2026 (filed within the typical 2-business-day window).
• Shares acquired: 187,900 at $0.5322 per share (rounded on the filing to $0.53); total consideration ≈ $100,000.
• Transaction code: A (award/grant or other acquisition); described as a direct purchase from the company.
• Footnotes: F1 notes the Subscription Agreement and that $0.5322 was the closing price on March 13, 2026. F2 states the purchase is intended to be an exempt transaction pursuant to Rule 16b-3.
• Shares owned after the transaction: not specified in the information provided here — see the full Form 4 for reported post-transaction beneficial ownership.

Context

• This was a direct purchase of newly issued (or company-held) shares, which can be dilutive since the shares came from the company rather than the open market. The filing describes the purchase as exempt under Rule 16b-3 (common for transactions between a company and its officers/directors). Purchases by insiders are typically more informative to investors than routine sales, but the filing itself does not state the insider’s motivation.