Herbst Jeffrey A 4
Research Summary
AI-generated summary
MicroVision (MVIS) Director Jeffrey A. Herbst Buys 28,185 Shares
What Happened
- Jeffrey A. Herbst, a director of MicroVision, acquired 28,185 shares of MicroVision common stock on March 15, 2026. The purchase price was $0.5322 per share (the March 13, 2026 closing price), for a total of approximately $15,000. The Form 4 lists the transaction as an acquisition (code A).
Key Details
- Transaction date: 2026-03-15; Form 4 filed: 2026-03-16 (timely).
- Price: $0.5322 per share; Shares acquired: 28,185; Approximate value: $15,000.
- Acquisition type: Direct purchase from MicroVision under a Subscription Agreement (footnote F1).
- Exemption: Reported as intended to be exempt under Rule 16b-3 (footnote F2).
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a direct purchase from the company via subscription rather than a sale, gift, or option exercise. Rule 16b-3 exemptions commonly cover certain transactions by directors; the filing does not disclose any additional plans or motivations.