Form 4: MicroVision Director Peter Schabert Exercises RSUs
Statement of Changes in Beneficial Ownership
Director Peter Schabert acquired 22,007 shares of MicroVision common stock through the vesting of restricted stock units.
Summary
- Director Peter Schabert acquired 22,007 shares of MicroVision common stock on June 5, 2026.
- The acquisition resulted from the vesting of restricted stock units (RSUs) granted on June 6, 2025.
- The shares were acquired at a price of $0.00 per share as part of a standard equity compensation vesting schedule.
- Following this transaction, the reporting person holds a total of 168,478 shares of common stock.
- The filing includes a correction to a previous Form 4 regarding the total number of RSUs granted in June 2025.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard equity compensation vesting for a company director.
Positives
- Director maintains a significant equity stake of 168,478 shares, aligning interests with shareholders.
Negatives
- The filing notes a clerical error in a previous 2025 filing regarding the total number of RSUs granted.
Risks
- Continued service as a director is required for the vesting of remaining equity awards.
Future Outlook
The filing does not provide forward-looking financial guidance, focusing solely on the disclosure of director equity transactions.
Management Comments
- The vesting reported herein was calculated based on the correct amount of 88,028 RSUs, correcting a previous reporting error.
Industry Context
StockSavvy.ai notes that routine RSU vesting for directors is a standard corporate governance practice in the technology sector, reflecting typical equity-based compensation structures rather than discretionary market activity.
Comparison to Industry Standards
- The transaction follows standard equity compensation practices for publicly traded technology companies.
- The disclosure of a previous reporting error is a standard administrative correction required by SEC regulations.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Correction of Prior Filing | Correction of the total RSU grant amount reported on the June 6, 2025, Form 4. | 06/05/2026 | Minimal; corrects administrative records to reflect accurate equity compensation data. |
Stakeholder Impact
- Shareholders are informed of the accurate equity position of the director.
Next Steps
- Continued service of the director to satisfy remaining vesting requirements.
Key Dates
| Date | Description |
|---|---|
| 06/05/2025 | Original grant date of the restricted stock units. |
| 06/06/2025 | Date of the previously filed Form 4 containing the reporting error. |
| 06/05/2026 | Date of the reported RSU vesting and share acquisition. |
Keywords
MicroVision, MVIS, Form 4, Insider Transaction, Restricted Stock Units, Director Equity
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.