Was the MicroVision (MVIS) CEO’s share sale an open-market decision?

The sale was not an open-market discretionary sale by the CEO. It was a withholding tax-related, nondiscretionary sell-to-cover transaction completed by MicroVision under the award agreement, specifically to satisfy tax liabilities tied to the vesting RSUs.

MicroVision (MVIS) CEO nets shares after RSU vest and tax sell

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

MICROVISION, INC. CEO Glen W. DeVos reported routine equity compensation activity involving restricted stock units and related tax withholding. On March 31, 2026, 325,000 vested restricted stock units converted into an equal number of common shares. On April 2, 2026, the company completed a tax-related nondiscretionary sell-to-cover transaction, withholding 153,230 common shares at a weighted average price of $0.6403 per share in multiple trades between $0.6402 and $0.6408. Following these transactions, DeVos directly holds 359,670 shares of MicroVision common stock. The filing reflects compensation vesting and tax settlement rather than open-market buying or selling by the CEO.

Insider Trade Summary

325,000 shares exercised/converted

Mixed 3 txns

Insider DeVos Glen W.

Role CEO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	153,230	$0.6403	$98K
Exercise	Restricted Stock Units	325,000	$0.00	--
Exercise	Common Stock	325,000	$0.00	--

Holdings After Transaction: Common Stock — 359,670 shares (Direct); Restricted Stock Units — 0 shares (Direct)

Footnotes (1)

Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis. Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement. The price reported in column 4 is a weighted average price. These shares were sold by the Issuer in multiple transactions at prices ranging from $0.6402 to $0.6408, inclusive. At vesting, converts into shares of common stock on a unit-for-share basis.

Key Figures

RSUs vested and converted: 325,000 units/shares Tax withholding shares: 153,230 shares Weighted average sale price: $0.6403 per share +2 more

5 metrics

RSUs vested and converted 325,000 units/shares Restricted Stock Units vested into common stock on March 31, 2026

Tax withholding shares 153,230 shares Withholding sell-to-cover transaction completed April 2, 2026

Weighted average sale price $0.6403 per share Issuer’s tax-related sale, trades between $0.6402 and $0.6408

Shares held after transactions 359,670 shares CEO Glen W. DeVos direct common stock ownership post-Form 4

Exercise price of RSUs $0.00 per unit RSUs converted on a unit-for-share basis without payment

Key Terms

Restricted Stock Units, sell-to-cover, weighted average price, derivative exercise/conversion, +1 more

5 terms

Restricted Stock Units financial

"Vested restricted stock units, or RSUs, were distributed to the Reporting Person"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

sell-to-cover financial

"withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer"

Sell-to-cover is when part of newly issued or exercised company stock is immediately sold to pay required taxes and fees, so the recipient keeps the remaining shares. For investors this matters because it reduces the number of shares insiders or employees actually hold after a grant, can create small, routine share sales that aren’t signal of cashing out, and slightly increases share supply on the market—like selling a portion of a paycheck to cover the tax bill.

weighted average price financial

"The price reported in column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

derivative exercise/conversion financial

"transaction_action":"derivative exercise/conversion""

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 07:36 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DeVos Glen W.

(Last)

(First)

(Middle)

18390 NE 68TH STREET

(Street)

REDMOND

WASHINGTON

98052

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MICROVISION, INC. [ MVIS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock⁽¹⁾	03/31/2026		M		325,000	A	$0.00	512,900	D
Common Stock⁽²⁾	04/02/2026		F		153,230	D	$0.6403⁽³⁾	359,670	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	$0.00⁽⁴⁾	03/31/2026		M			325,000	03/31/2026	03/31/2026	Common Stock	325,000	$0.00	0	D

Explanation of Responses:

1. Vested restricted stock units, or RSUs, were distributed to the Reporting Person, without payment, in shares of common stock on a unit-for-share basis.

2. Represents a withholding tax-related nondiscretionary sell-to-cover transaction completed by the Issuer in accordance with the terms of the award agreement.

3. The price reported in column 4 is a weighted average price. These shares were sold by the Issuer in multiple transactions at prices ranging from $0.6402 to $0.6408, inclusive.

4. At vesting, converts into shares of common stock on a unit-for-share basis.

	/s/ Drew G. Markham, attorney-in-fact for Glen DeVos	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MicroVision (MVIS) disclose for CEO Glen W. DeVos?

MicroVision disclosed that CEO Glen W. DeVos had 325,000 restricted stock units vest and convert into common stock. A portion of the resulting shares was then withheld and sold by the company to cover tax obligations under the award agreement’s terms.

How many MicroVision (MVIS) RSUs vested for the CEO and when?

A total of 325,000 restricted stock units vested for MicroVision CEO Glen W. DeVos on March 31, 2026. These RSUs were distributed without payment and converted into common stock on a one-for-one basis, as described in the Form 4 footnotes.

How many MicroVision (MVIS) shares were sold to cover CEO tax withholding?

To cover withholding taxes, 153,230 shares of MicroVision common stock were sold in a nondiscretionary sell-to-cover transaction. The issuer executed these trades at a weighted average price of $0.6403 per share across a narrow range between $0.6402 and $0.6408.

How many MicroVision (MVIS) shares does the CEO hold after these transactions?

After the RSU vesting, conversion, and related tax sell-to-cover, CEO Glen W. DeVos directly holds 359,670 shares of MicroVision common stock. This post-transaction holding figure comes from the Form 4 totals reported for his non-derivative ownership.

What was the price range for MicroVision (MVIS) shares sold for tax withholding?

The issuer sold shares for tax withholding at a weighted average price of $0.6403 per share. According to the disclosure, individual trades occurred in a narrow range, with prices between $0.6402 and $0.6408 per share during the transaction.