MICROVISION, INC.·4

Jun 11, 4:33 PM ET

DeVos Glen W. 4

Research Summary

AI-generated summary

Updated

MicroVision CEO Glen DeVos Sells 183,233 Shares (Tax Withholding)

What Happened

  • Glen W. DeVos, CEO and Director of MicroVision, reported a sell-to-cover transaction on 2026-06-10. A total of 183,233 shares were disposed of at a weighted average price of $0.36, for proceeds of approximately $66,349. This was a tax-withholding related disposition (code F), not an open-market sale initiated by the insider.

Key Details

  • Transaction date: 2026-06-10; Form 4 filed 2026-06-11 (timely — Form 4s are due within two business days)
  • Reported weighted-average price: $0.36; shares were sold by the issuer in multiple executions at prices ranging $0.3509–$0.3779
  • Total shares disposed: 183,233; aggregate proceeds ≈ $66,349
  • Transaction type: F (nondiscretionary sell-to-cover to satisfy tax withholding under the award agreement) — per filing footnotes
  • Shares owned after the transaction: not specified in this Form 4

Context

  • A sell-to-cover is a routine, nondiscretionary action where the company withholds or sells a portion of vested award shares to cover required taxes. It is a common administrative step and does not necessarily signal the insider’s view of the company’s prospects.