Markham Drew G 4

What Happened
Drew G. Markham, General Counsel of MicroVision, had 119,880 restricted stock units (RSUs) convert into common stock on June 4, 2026 (reported as an exercise/conversion of a derivative at $0.00). Following vesting, the company sold 35,901 of those shares on June 5, 2026 to satisfy tax withholding obligations, netting about $13,822 (weighted-average sale price ≈ $0.385).

Key Details

• Transaction dates: June 4, 2026 (conversion/vesting of 119,880 RSUs); June 5, 2026 (sell-to-cover of 35,901 shares).
• Prices/proceeds: RSUs converted at $0.00; sell-to-cover executed at a weighted average price ~ $0.385 (individual sale prices ranged $0.3850–$0.3852), proceeds ≈ $13,822.
• Shares owned after transaction: Not specified in the provided excerpt.
• Footnotes: F1/F4 — RSUs were distributed/converted on a unit-for-share basis; F2 — sell-to-cover was a nondiscretionary, tax-withholding sale by the issuer; F3 — sale prices ranged $0.3850–$0.3852; F5 — RSUs were granted 6/4/2024 and vest 33% per year through 6/4/2027.
• Filing timeliness: Report filed 2026-06-05 for a 2026-06-04 transaction (appears timely).

Context
This was an RSU vesting event (award conversion) followed by an issuer-conducted sell-to-cover to satisfy tax liability — a routine, nondiscretionary transaction (codes M for conversion and F for tax withholding). Such sell-to-cover transactions are administrative and do not necessarily indicate insider sentiment about the company's stock.