Markham Drew G 4

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).