MicroVision, Inc.NASDAQ: MVIS

MicroVision Announces Inducement Grants Pursuant to Nasdaq Listing Rule 5635(c)(4)

· Issued by MicroVision, Inc. via ACCESS Newswire

Summary by 6ix AI

MicroVision, Inc., which makes lidar-based perception systems for automotive, industrial and security and defense uses, granted restricted stock units (shares delivered once set conditions are met) on September 2, 2026 to two newly appointed executives as an inducement to join the company.

Key details

  • James Byun, the newly appointed Chief Commercial Officer, received 674,536 restricted stock units.
  • Christine Chambers, the newly appointed Chief Financial Officer, received 562,114 restricted stock units.
  • The grants were made under Nasdaq Listing Rule 5635(c)(4), which covers stock awards given to induce new hires, and are governed by the company's 2025 Inducement Equity Incentive Plan, as amended.

What’s still pending

  • The units are scheduled to vest over four years, with 25% vesting on each of the first, second, third and fourth anniversaries of each executive's start date, subject to continued service to the company on each vesting date.

6ix AI wrote this summary from the release below and checked it against the release.

REDMOND, WA / ACCESS Newswire / September 4, 2026 / MicroVision, Inc. (NASDAQ:MVIS), a leader in advanced perception solutions for industrial, security and defense, and automotive applications, today announced that on September 2, 2026, it granted 674,536 restricted stock units to James Byun, the Company's newly appointed Chief Commercial Officer, and 562,114 restricted stock units to Christine Chambers, the Company's newly appointed Chief Financial Officer, with each grant serving as a material inducement to their employment. These restricted stock units, or RSUs, are scheduled to vest over a four-year period, with 25% vesting on each of the first, second, third, and fourth anniversaries of their start dates, subject to continued service to the Company on each vesting date. The RSUs are subject to the terms and conditions of the Company's 2025 Inducement Equity Incentive Plan, as amended.

About MicroVision

MicroVision is defining the next generation of lidar-based perception solutions for automotive, industrial, and security & defense markets. As the industry moves beyond proof of concept toward value, deployment, and commercialization, MicroVision delivers integrated hardware and software solutions designed for real-world performance, automotive-grade reliability, and economic scalability. With engineering centers in the U.S. and Germany, MicroVision leads the industry in depth and breadth of its portfolio, with both short- and long-range lidar solutions, featuring solid-state sensors with varying wavelengths, advanced sensor architectures, design-to-cost engineering, and open software solutions.

For more information, visit the Company's website at www.microvision.com, on Facebook at www.facebook.com/microvisioninc, and LinkedIn at https://www.linkedin.com/company/microvision/.

Investor Relations Contact

Jeff Christensen
Darrow Associates Investor Relations
[email protected]

Media Contact

Heidi Davidson - For MicroVision
[email protected]
(914) 441-6862

SOURCE: MicroVision, Inc.

View the original press release on ACCESS Newswire

View original source (ACCESS Newswire)MicroVision, Inc. on 6ix

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