Form 4: MicroVision Director Jeffrey Herbst Reports Significant Equity Compensation and Ownership Changes

MicroVision Director Jeffrey Herbst reported the vesting of 20,112 restricted stock units into common stock and the grant of 87,642 new restricted stock units, increasing his total beneficial ownership of common stock to 164,706 shares.

Summary

• Jeffrey A. Herbst, a Director of MicroVision, Inc. (MVIS), filed a Form 4 detailing changes in his beneficial ownership.
• On June 5, 2025, 20,112 restricted stock units (RSUs) vested and were converted into an equal number of common shares without payment.
• These vested RSUs were part of a grant made on June 5, 2024, which were scheduled to vest in four equal quarterly installments.
• Following this vesting, Mr. Herbst's direct beneficial ownership of MicroVision common stock increased to 164,706 shares.
• On June 6, 2025, Mr. Herbst was granted 87,642 new restricted stock units (RSUs) at a price of $0.00 per unit.
• These newly granted RSUs are scheduled to vest in four equal quarterly installments until the earlier of June 6, 2026 (the first anniversary of the grant date) or the day prior to the Issuer's 2026 Annual Meeting of Stockholders, contingent on his continued service as a director.

Sentiment

Score: 6

Explanation: The filing reflects routine equity compensation and ownership changes for a director, which is generally a neutral to slightly positive indicator of continued alignment between management and shareholder interests.

Positives

• The vesting of restricted stock units and the grant of new units demonstrate continued equity compensation for a director, aligning management's interests with those of shareholders.
• The increase in direct common stock ownership by a director to 164,706 shares indicates a continued stake in the company's performance.

Future Outlook

The newly granted 87,642 restricted stock units are scheduled to vest in four equal quarterly installments until the earlier of June 6, 2026, or the day prior to the Issuer's 2026 Annual Meeting of Stockholders, provided the reporting person continues to serve as a director.

Industry Context

This Form 4 filing is a routine disclosure of insider equity transactions, common across publicly traded companies, reflecting standard compensation practices for directors and executives.

Stakeholder Impact

• Shareholders: The transactions demonstrate continued alignment of a director's interests with shareholders through equity ownership and ongoing compensation tied to company performance.

Next Steps

• Future vesting of the 87,642 restricted stock units granted on June 6, 2025, in four equal quarterly installments.

Key Dates

Keywords

MicroVision, MVIS, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Equity Compensation, Director Compensation, Stock Ownership