Aggarwal Sanjeev 4
Research Summary
AI-generated summary
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.