EVERSPIN TECHNOLOGIES INC.·4

Apr 2, 4:29 PM ET

Cooper William Earl 4

Research Summary

AI-generated summary

Updated

Everspin (MRAM) CFO William Cooper Receives RSUs, Sells Shares

What Happened

  • William Earl Cooper, Chief Financial Officer of Everspin Technologies (MRAM), received an award of 80,386 restricted stock units (RSUs) on 2026-03-31 (acquired at $0.00). These RSUs vest in 16 equal quarterly installments over four years, with a vesting commencement date of 2026-01-01.
  • On 2026-04-01 he sold 1,549 shares in an open-market transaction at $9.20 per share, generating proceeds of $14,251. The filing indicates the sale was made solely to pay taxes due upon RSU vesting.

Key Details

  • Grant: 80,386 RSUs on 2026-03-31 (recorded as acquisition at $0.00). Vesting: 16 equal quarterly installments over 4 years; vesting start 2026-01-01. (Footnote F1)
  • Sale: 1,549 shares on 2026-04-01, open market, $9.20 per share, proceeds $14,251. (Footnote F2: sale solely to cover taxes upon vesting)
  • Shares owned after transactions: not specified in the provided filing summary.
  • Filing timeliness: No late filing is indicated in the available information.

Context

  • The 80,386 RSUs are a compensation award that vests over time; such grants are routine for employees and do not by themselves signal a buy or sell decision. The small open-market sale was used to satisfy tax withholding obligations related to RSU vesting, which is a common administrative step.