Aggarwal Sanjeev 4
4 · EVERSPIN TECHNOLOGIES INC. · Filed May 5, 2026
Research Summary
AI-generated summary of this filing
Everspin (MRAM) CEO Sanjeev Aggarwal Sells 28,459 Shares
What Happened Sanjesev Aggarwal, President & CEO and a director of Everspin Technologies, sold 28,459 shares on May 4, 2026 in open-market transactions. The weighted average sale price reported was $19.58 per share, for proceeds of approximately $557,227. This was a sale (transaction code S), which is typically routine insider selling rather than a purchase signal.
Key Details
- Transaction date: 2026-05-04 (reported on Form 4 filed 2026-05-05)
- Shares sold: 28,459; weighted average price: $19.58; total proceeds ≈ $557,227
- Price range: sales occurred at prices between $19.22 and $20.105 per share (see footnote)
- Shares owned after transaction: not disclosed in the provided filing details
- Footnote: weighted average price reported; reporting person can provide the number of shares sold at each price on request
- Filing timeliness: filing covers the 2026-05-04 transaction and was filed the next day (no late filing indicated)
Context This filing documents a straightforward open-market sale by an executive. Sales by officers can be part of routine liquidity planning and do not, by themselves, indicate company performance. No option exercises, awards, gifts, or 10b5-1 plan information was reported in the supplied details.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-04$19.58/sh−28,459$557,227→ 819,422 total
Footnotes (1)
- [F1]The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $19.22 to $20.105 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.