---
schema_version: "secwatch.filing_event.v1"
accession: "0000947871-24-000986"
form_type: "8-K"
ticker: "MVST"
cik: "0001760689"
company_name: "Microvast Holdings, Inc."
filed_at: "2024-12-05T23:59:59+00:00"
generated_at: "2026-05-29T07:21:11.037333+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Microvast CAO resigns; CEO, President, COO get base salary increases and equity grants

## Summary
- CAO Lu Gao resigns effective Dec 1, 2024 for personal reasons; stays through Jan 31, 2025 or earlier.
- CEO Yang Wu base salary increased to $564,480; President Isida Tushe base to $450,000 (from $200k); COO Dr. Wu base to $400,000 (from $250k).
- Tushe and Dr. Wu each granted 1,000,000 stock options at $1.29 exercise price, vesting over 3 years; CEO Wu granted 500,000 RSUs fully vested at grant.
- Tushe and Dr. Wu also receive one-time cash bonuses of $125,000 and $93,750 respectively, payable by March 15, 2025.

## SEC filing metadata
- accession: 0000947871-24-000986
- form_type: 8-K
- ticker: MVST
- cik: 0001760689
- company_name: Microvast Holdings, Inc.
- filed_at: 2024-12-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1760689/000094787124000986/0000947871-24-000986-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1760689/000094787124000986/ss4206354_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000947871-24-000986
- JSON: https://secwatch.observer/filing/0000947871-24-000986.json
- Plain text: https://secwatch.observer/filing/0000947871-24-000986.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.