Schabert Peter 4
4 · MICROVISION, INC. · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Microvision (MVIS) Director Peter Schabert Receives 22,007 Shares
What Happened
Peter Schabert, a director of Microvision, had 22,007 restricted stock units (RSUs) convert into 22,007 shares of common stock on June 5, 2026. The conversion/exercise was reported as a derivative transaction (code M) at $0.00 per share, so no cash was paid or received — this reflects RSU vesting and conversion to shares, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-05 (filed same day). Transaction code: M (exercise/conversion of derivative).
- Shares acquired: 22,007 common shares at $0.00 each (total value $0).
- Derivative disposition: 22,007 derivative units disposed (reflecting the conversion of RSUs).
- Shares owned after transaction: not stated in the provided excerpt.
- Footnotes: F1–F2 confirm vested RSUs were distributed unit-for-share without payment; F3 addresses a correction to a prior Form 4 (previously reported 87,462 RSUs, filing indicates 88,208 and also references 88,028 in the vesting calc — see the filing for the exact corrected figures).
- Timeliness: Filed for the same date as the transaction (not marked late). No 10b5-1 plan, tax-withholding sale, or immediate sale reported in this filing.
Context
This was a routine vesting/conversion of RSUs into stock rather than a market purchase or sale. Because no shares were sold here, this filing does not provide a bearish or bullish trading signal — it documents compensation vesting and conversion into common shares.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-05+22,007→ 168,478 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-06-05−22,007→ 0 totalExercise: $0.00From: 2026-06-05Exp: 2026-06-05→ Common stock (22,007 underlying)
Footnotes (3)
- [F1]Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.
- [F2]At vesting, converts into shares of common stock on a unit-for-share basis.
- [F3]RSUs granted 06/06/2025 are scheduled to vest in four equal quarterly installments until fully vested on the earlier of the first anniversary of the grant date or the day prior to the Issuer's 2026 Annual Meeting of Stockholders, provided that the reporting person continues to serve as a director through each vesting date. The Form 4 filed on 06/06/2025 incorrectly reported the total RSUs granted on 06/05/2025 as 87,462 RSUs instead of the correct amount of 88,208 RSUs. The vesting reported herein was calculated based on the correct amount of 88,028 RSUs.