Dougherty Sean Michael 4

What Happened

• Sean Michael Dougherty, Vice President, Sales at EverSpin Technologies (MRAM), received a grant of 18,006 restricted stock units (RSUs) on March 31, 2026. The filing reports an acquisition price of $0.00 (award), i.e., these are compensation RSUs rather than a cash purchase.

Key Details

• Transaction date: 2026-03-31 (Report filed 2026-04-02).
• Transaction type/code: Award/Grant (Code A).
• Amount: 18,006 RSUs; reported price $0.00 (total reported cash value $0 in the Form 4).
• Vesting: See footnote F1 — RSUs vest in 16 equal quarterly installments over four years, with a vesting commencement date of April 1, 2026.
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Form 4 was filed April 2, 2026 (appears timely based on the transaction date); no 10b5-1 plan or tax-withholding details reported.

Context

• RSU grants are a form of compensation/retention and do not reflect an immediate cash purchase or sale; shares (if any) are delivered as each vesting installment occurs. Such awards are common for executives and are not the same signal as an open-market purchase (which can be a stronger bullish indicator).