Carlile Robert Paul 4

What Happened

Carlile Robert Paul, a director of MicroVision, had 22,007 shares reported as acquired on 2026-06-05 through the exercise/conversion of a derivative (reported with transaction code M) at a price of $0.00. The filing also shows a corresponding disposition of the derivative instrument (also 22,007 units) as part of the conversion process. No cash was exchanged — these were vested RSUs converting to common shares on a unit-for-share basis.

Key Details

• Transaction date: 2026-06-05; Report filed: 2026-06-05 (timely filing).
• Shares acquired: 22,007 common shares at $0.00 (total value $0); corresponding derivative reported disposed: 22,007 units.
• Shares owned after transaction: not stated in the excerpt provided.
• Footnotes: RSUs were distributed without payment and convert unit-for-share at vesting. The RSU grant (06/06/2025) vests in four equal quarterly installments (subject to continued service through each vesting date). A prior Form 4 misstated the grant size and this filing uses the corrected grant amount.
• Transaction code explanation: M = exercise/conversion of a derivative instrument (here, conversion of vested RSUs).

Context

This was a routine vesting/conversion of restricted stock units rather than an open‑market purchase or sale. The filing shows both an acquisition of shares and a disposition of the derivative because converting RSUs into common stock is reported as acquiring the underlying shares and disposing of the derivative rights. Such vesting events are typically scheduled compensation and do not by themselves indicate insider buying or selling sentiment.