MicroVision (MVIS) director adds 187,900 shares in Rule 16b-3 acquisition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MicroVision director Robert Paul Carlile acquired additional shares of the company’s common stock. On March 15, he obtained 187,900 shares directly from MicroVision under a Subscription Agreement at $0.5322 per share, matching the March 13 closing price. This increased his direct holdings to 538,699 shares. The purchase is intended to qualify as an exempt transaction under Rule 16b-3, meaning it is structured within specific insider trading exemption rules rather than as an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carlile Robert Paul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 187,900 | $0.5322 | $100K |
Holdings After Transaction:
Common Stock — 538,699 shares (Direct)
Footnotes (1)
- Pursuant to a Subscription Agreement executed on March 15, 2026 between MicroVision, Inc. ("MicroVision") and the reporting person, the reporting person acquired 187,900 shares of MicroVision's common stock directly from MicroVision at a purchase price of $0.5322 per share, the closing price of MicroVision's common stock on March 13, 2026. The purchase is intended to be an exempt transaction pursuant to Rule 16b-3.
FAQ
What insider transaction did MicroVision (MVIS) report for Robert Paul Carlile?
MicroVision reported that director Robert Paul Carlile acquired 187,900 shares of common stock. He obtained the shares directly from the company under a Subscription Agreement, rather than buying them in the open market.
What does it mean that the MicroVision (MVIS) transaction is intended to be exempt under Rule 16b-3?
The filing notes the purchase is intended to be an exempt transaction under Rule 16b-3. That rule covers certain insider transactions, typically involving issuer-directed grants or purchases, that qualify for specific regulatory exemptions from short-swing profit rules.