DeVos Glen W. 4
4 · MICROVISION, INC. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
MicroVision CEO Glen W. DeVos Receives and Disposes 361,500 Shares
What Happened Glen W. DeVos, CEO and Director of MicroVision, had 361,500 performance-based restricted stock units (RSUs) vest on June 8, 2026. The RSUs converted into 361,500 shares of common stock (acquired at $0.00), and the filing also shows a same-day disposition of 361,500 shares. The Form 4 reports $0.00 as the acquisition price and does not report sale proceeds on this filing.
Key Details
- Transaction date: June 8, 2026; Form 4 filed June 10, 2026 (timely within the 2‑business‑day window).
- Transaction codes: A = award/grant (RSUs); M = exercise/conversion of derivative.
- Share counts: 361,500 RSUs vested and converted into 361,500 shares; those 361,500 shares were disposed the same day.
- Prices/values reported on this Form 4: $0.00 acquisition price (RSUs issued without payment); no proceeds or sale price are reported in the supplied filing.
- Footnotes: RSUs were performance-based, vested on the one‑year anniversary subject to 2025 Executive Bonus Plan performance goals, and convert unit-for-unit into common stock at vesting (F1–F4).
- Shares owned after transaction: not specified in the provided filing.
Context This was a vesting/conversion of performance RSUs rather than a market purchase. The same‑day disposition could reflect a sale, tax withholding, or transfer, but the Form 4 does not state the reason or report proceeds here. For retail investors, RSU vesting is a routine compensation event and does not by itself signal management buying or selling conviction.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-08+361,500→ 721,170 total - Award
Restricted Stock Units
[F2][F3]2026-06-08+361,500→ 361,500 totalExercise: $0.00From: 2026-06-08Exp: 2026-06-08→ Common stock (361,500 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F3]2026-06-08−361,500→ 0 totalExercise: $0.00From: 2026-06-08Exp: 2026-06-08→ Common stock (0 underlying)
Footnotes (4)
- [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]Each RSU represents a contingent right to receive one share of MicroVision common stock.
- [F3]RSUs vested on June 8, 2026, on the one-year anniversary of grant, upon determination by the Issuer's Compensation Committee of the level of achievement of performance objectives pursuant to the 2025 Executive Bonus Plan.
- [F4]At vesting, converts into shares of common stock on a unit-for-share basis.