Sumit Sharma is the Chief Executive Officer of MicroVision Inc. He has been leading the company since February 2020, guiding it through significant changes in the tech landscape. Under his leadership, MicroVision has pursued innovative technologies in the fields of...

Sumit Sharma is the Chief Executive Officer of MicroVision Inc. He has been leading the company since February 2020, guiding it through significant changes in the tech landscape. Under his leadership, MicroVision has pursued innovative technologies in the fields of lidar and display systems, reflecting a commitment to pushing boundaries and exploring new opportunities. In 2023, his total compensation included a salary of $530,000 and substantial stock grants valued at approximately $4.25 million, highlighting a structure that aligns his interests with shareholders. He has a track record of aggressive stock sales, with his personal trading activity peaking in 2021 when he sold nearly $10.64 million worth of stock in a single month, indicating a strong belief in the company's potential. Sumit's 2024 goals aim at building on MicroVision’s technological advancements while navigating the rapidly evolving market conditions. His financial strategies, executive decisions, and firm grasp of market dynamics continue to position MicroVision as a noteworthy player in the tech world.

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1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Microvision CEOs

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Sumit Sharma

CEO of Microvision

Sector of Economy

Technology

CEO of Microvision for

5 years 3 months (Feb 2020 - Present)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Sumit Sharma

Holdings

See how much did Sumit Sharma make over time.

Sumit Sharma has been active in managing his stock holdings at MicroVision. His trades show a clear commitment to leveraging company performance and personal wealth growth. In 2021, he maximized his sales, cashing in $10.64 million in a single month....

Sumit Sharma has been active in managing his stock holdings at MicroVision. His trades show a clear commitment to leveraging company performance and personal wealth growth. In 2021, he maximized his sales, cashing in $10.64 million in a single month. His portfolio reflects fluctuations in value, where he significantly increased his liquid assets during market peaks. By early 2023, he had offloaded shares worth $4.96 million, reinforcing the idea that he is tapping into the market when conditions look strong. In recent months, his every move has been calculated, often generating substantial value from his trades, suggesting a strategic mindset towards wealth accumulation within the technology sector.

Insider Trading

See recent insider trades of Sumit Sharma.

MVIS

300,000 shares

MVIS

Apr 8, 2024

Received

MVIS

$20.00K

MVIS at $1.97/share

Nov 13, 2023

Received

MVIS

300,000 shares

MVIS

Apr 10, 2023

Received

MVIS

$214.00K

MVIS at $2.14/share

Mar 13, 2023

Received

MVIS

300,000 shares

MVIS

Apr 8, 2022

Received

MVIS

$4.20M

MVIS at $14.00/share

May 6, 2021

Received

MVIS

$140.00K

MVIS at $0.72/share

Dec 10, 2019

Received

MVIS

75,000 shares

MVIS

May 22, 2019

Received

MVIS

225,000 shares

MVIS

Sep 30, 2018

Received

Compensation History

See how much did Sumit Sharma make over time.

For the fiscal year 2023, Sumit Sharma’s compensation totaled around $4.73 million, with $530,000 coming from his salary, $729,000 from vested stock, and additional benefits rounding it out. This structure allows for alignment between his compensation and the long-term performance of MicroVision. Notably, in 2022, his total pay peaked at $8.88 million, reflecting the nature of stocks granted based largely on performance metrics and growth expectations in the tech industry. The absence of short-term bonuses throughout his tenure illustrates a focus on longevity and value in shareholder outcomes, reinforcing a performance-geared pay philosophy.

Year

2023

Total Compensation

$1.28M

Salary

$530.00K

Board Justification

The compensation program emphasizes long-term equity incentives aligned with shareholder value, with a focus on performance and strategic objectives.

Bonus

$0.00

Board Justification

No short-term incentive bonus opportunity until April 2024 and no bonus was paid for 2023.

Other

$18.81K

Board Justification

Includes tax preparation services and matching contributions under MicroVision’s 401(k) plan.

Restricted Stock

$729.00K(300K RSU)

Board Justification

Annual CEO RSUs granted in equal installments of 300,000 shares, with the last tranche granted in April 2024, subject to continued employment.

Performance Metrics

No short-term incentive bonus opportunities related to preestablished performance objectives were articulated relating to 2023 performance.

Other Microvision CEOs

Here are other CEOs of Microvision

Perry M. Mulligan

Ex-CEO of Microvision

November 2017 - February 2020