FINCH LAWRENCE G 4

What Happened

• Lawrence G. Finch, a director of Everspin Technologies, reported the acquisition of 637 restricted stock units (RSUs) on 2026-05-06. The filing records the acquisition price as $0.00 (total reported value $0) and identifies the units as fully vested restricted stock units (see footnote F1). The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust, of which Finch is trustee (footnote F2). This was an award/grant (transaction code A), i.e., compensation-related rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-06 (Filed with SEC: 2026-05-07)
• Transaction type/code: Award/Grant (A)
• Shares acquired: 637 RSUs; reported acquisition price: $0.00; reported total value: $0
• Shares owned after transaction: Not specified in the Form 4 filing
• Footnotes: F1 = fully vested RSUs; F2 = shares held in the Lawrence G. and Janice C. Finch Revocable Trust (reporting person is trustee)
• Timeliness: Filing appears timely (transaction reported the next business day)

Context

• This was a compensation award (RSUs) that vested and resulted in share ownership—common for executive/director compensation and not the same signal as an insider buying stock in the open market. Because the RSUs are fully vested, the reporting person effectively owns the shares at the time of the report. The $0 acquisition price is typical reporting for RSU awards and does not mean the shares have no market value.