Markham Drew G 4

4 · MICROVISION, INC. · Filed Jun 10, 2026

AI-generated summary of this filing

Updated Jun 11, 2026

MicroVision (MVIS) GC Drew Markham Receives RSUs, Sells 77,905 Shares

What Happened

Drew G. Markham, MicroVision’s General Counsel, had 268,800 restricted stock units (RSUs) vest and convert into common shares on June 8, 2026 (no cash paid). To satisfy withholding taxes, the issuer completed a nondiscretionary sell‑to‑cover on June 10, 2026, disposing of 77,905 shares at a weighted average price of $0.36 for proceeds of $28,209. After the sell‑to‑cover, Markham retained approximately 190,895 of the vested shares.

Key Details

Transaction dates: RSU vesting/conversion on 2026-06-08; sell-to-cover on 2026-06-10.
Shares acquired via vesting: 268,800 (150,000 + 118,800); shares sold for taxes: 77,905.
Sale price: weighted avg $0.36; individual sale prices ranged $0.3509–$0.3779.
Proceeds from sell-to-cover: $28,209.
Footnotes: RSUs converted unit-for-unit into common stock at vesting (no cash paid); the sell-to-cover was a nondiscretionary, tax-withholding transaction by the issuer; vesting was performance-related and occurred on the one‑year anniversary per the award terms.
Filing timeliness: Report period 2026-06-08, filed 2026-06-10 — appears timely (within the Form 4 reporting window).

Context

This was primarily a compensation event (RSU vesting) rather than a market-directed purchase or sale. The limited sale was a routine sell‑to‑cover for tax withholding, not necessarily a signal of trading intent. In SEC coding, the conversions/exercises are shown as derivative-to-share conversions (M) and the tax-related sale is coded as F (payment of tax liability).

Form 4

Period: 2026-06-08

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-06-08+150,000→ 622,308 total
Exercise/Conversion
Common Stock
[F1]
2026-06-08+118,800→ 741,108 total
Tax Payment
Common Stock
[F2][F3]
2026-06-10$0.36/sh−77,905$28,209→ 663,203 total
Award
Restricted Stock Units
[F4][F5]
2026-06-08+150,000→ 150,000 total
Exercise: $0.00From: 2026-06-08Exp: 2026-06-08→ Common stock (150,000 underlying)
Exercise/Conversion
Restricted Stock Units
[F6][F5]
2026-06-08−150,000→ 0 total
Exercise: $0.00From: 2026-06-08Exp: 2026-06-08→ Common stock (0 underlying)
Exercise/Conversion
Restricted Stock Units
[F6][F7]
2026-06-08−118,800→ 0 total
Exercise: $0.00From: 2026-06-08Exp: 2026-06-08→ Common stock (0 underlying)

Footnotes (7)

[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]Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement.
[F3]The price reported in column 4 is a weighted average price. These shares were sold by the Issuer in multiple transactions at prices ranging from $0.3509 to $0.3779, inclusive.
[F4]Each RSU represents a contingent right to receive one share of MicroVision common stock.
[F5]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.
[F6]At vesting, converts into shares of common stock on a unit-for-share basis.
[F7]On June 6, 2025, the Issuer's Compensation Committee approved a grant of RSUs, which are scheduled to vest as to 33% on each annual anniversary of the grant date until fully vested on June 6, 2028, subject to the Reporting Person's continued employment with the Issuer on each vesting date.

Signature

/s/ Drew G. Markham|2026-06-10

1 file