MICROVISION, INC.·4

Apr 2, 7:36 PM ET

DeVos Glen W. 4

Research Summary

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Updated

MicroVision (MVIS) CEO Glen DeVos Receives RSUs; Sell-to-Cover

What Happened
Glen W. DeVos, CEO and director of MicroVision (MVIS), had 325,000 restricted stock units (RSUs) vest and convert into common shares on March 31, 2026. To satisfy withholding tax obligations, the issuer completed a nondiscretionary sell-to-cover, disposing of 153,230 of those shares at a weighted average price of ~$0.64 for proceeds of $98,113.

Key Details

  • Transaction dates: RSU conversion/exercise reported March 31, 2026; sell-to-cover completed April 2, 2026 (filed April 2, 2026). Filing appears timely.
  • Conversion details: 325,000 RSUs converted to shares on a unit-for-share basis; conversion price reported as $0.00 (no cash payment).
  • Sell-to-cover: 153,230 shares sold/withheld at a weighted average price of ~$0.64 (reported sale price range $0.6402–$0.6408), total proceeds $98,113. This was a tax-withholding (F) transaction per the filing.
  • Shares owned after transaction: not specified in the Form 4 filing.
  • Footnotes: F1/F4 confirm RSUs converted unit-for-share; F2 indicates a nondiscretionary sell-to-cover; F3 provides the sale price range.

Context
This was an RSU vesting event followed by an issuer-executed sell-to-cover to satisfy tax withholding — a routine administrative transaction rather than an intentional open-market sale by the insider. For derivative/option language: the filing shows RSUs converted into common stock (exercise/conversion code M) and the related sell-to-cover tax withholding (code F).