Aggarwal Sanjeev 4

What Happened
Sanjeev Aggarwal, President, CEO and a director of Everspin Technologies (MRAM), exercised stock option derivatives on February 4, 2026 to acquire a total of 7,084 common shares. The exercises consisted of 834 shares at $9.12 (cost $7,606) and 6,250 shares at $6.35 (cost $39,688), for a combined cash outlay of roughly $47,294. The filing also shows the corresponding derivative option interests were converted/terminated (reported as disposals at $0).

Key Details

• Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (timely within the usual 2-business-day window).
• Exercise details: 834 shares @ $9.12 = $7,606; 6,250 shares @ $6.35 = $39,688; total acquired = 7,084 shares for ~$47,294.
• Dispositions at $0 reflect conversion/cancellation of the derivative (the options) upon exercise.
• Footnote: Fully vested (F1).
• Shares owned after the transaction: Not specified in the provided filing excerpt.

Context

• Transaction code M indicates option exercise. No shares were reported sold in this filing; the insider paid exercise prices to convert options into stock (not a cashless sale).
• Exercises are commonly routine for executives to realize vested equity; they represent acquisition of shares rather than a sell signal.