Microvision (MVIS) executive compensation, 2026 proxy

Glen DeVos, Chief Executive Officer, Chief Technology Officer, was paid $3.4M in 2025.

Filed
June 11, 2026
Pay year
2025
Named executives
5
CEO total pay
$3.4M2025
CEO pay in equity
90%$3M in awards
CEO target bonus
100% of base salaryGlen DeVos
CEO stock awards
$3,033,795Reported grant-date fair value
Bonus RSU vesting
75% of targetDeVos and Markham
Revenue objective
$10 million25% of financial weighting
Cash expense objective
$55 millionMaximum permitted operating expenses
Maximum bonus payout
200% of target2025 Executive Bonus Plan

How DeVos was paid

$3.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary10%Stock awards90%All other compensation0%

Named executive officers

ExecutiveTotal
Glen DeVosChief Executive Officer, Chief Technology Officer$3,387,845
Simon BiddiscombeExecutive Vice Chair, Director$532,657
Drew G. MarkhamSVP, General Counsel, Head of People Operations$1,483,380
Sumit SharmaFormer Chief Executive Officer$1,659,558
Anubhav VermaFormer Chief Financial Officer$411,719

What changed and why

  • September 30, 2025: Glen DeVos became CEO after serving as Chief Technology Officer since March 31, 2025.
  • $3.0M$3.0 million: DeVos’ 2025 stock awards were reported as unvested short-term incentive and inducement RSUs.
  • 75%75% of target RSUs: DeVos and Markham are expected to vest this percentage as their 2025 bonus payout.
  • $10M$10 million revenue: This objective represented 25% of the 2025 Executive Bonus Plan’s financial weighting.
  • 200%200% of target: The 2025 Executive Bonus Plan’s maximum payout exceeded the anticipated target-level payout.
  • $1.2M$1.2 million: Sharma’s all-other compensation included severance and German tax equalization payments.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.