HAWK GLEN 4
Research Summary
AI-generated summary
Everspin (MRAM) Director Hawk Glen Sells 48,563 Shares
What Happened
Hawk Glen, a director of Everspin Technologies, sold a total of 48,563 shares on May 15, 2026 in multiple open-market/private sale transactions (transaction code S). The sales were reported in four tranches: 17,376 shares at a reported weighted avg $37.10 (≈ $644,650), 21,369 shares at $38.09 (≈ $813,945), 9,418 shares at $39.13 (≈ $368,526), and 400 shares at $39.97 (≈ $15,988). Total proceeds across all trades were about $1,843,109.
Key Details
- Transaction date: May 15, 2026 (Form 4 filed 2026-05-15). Transaction code S = Sale (open market or private sale).
- Per-tranche reported figures:
- 17,376 shares, weighted avg $37.10 (range reported $36.66–$37.61).
- 21,369 shares, weighted avg $38.09 (range reported $37.675–$38.63).
- 9,418 shares, weighted avg $39.13 (range reported $38.74–$39.735).
- 400 shares, weighted avg $39.97 (range reported $39.83–$39.97).
- Total sold: 48,563 shares for ~ $1.84 million.
- Shares owned after the transaction: Not specified in the provided filing details.
- Footnotes note that reported prices are weighted averages and the reporting person can provide exact per-trade breakdowns on request.
- No indication in the provided data of a 10b5‑1 plan, tax-withholding disposition, or a late filing.
Context
Sales by directors are common and can reflect many reasons (portfolio diversification, liquidity needs, etc.); they do not, by themselves, indicate company performance. For retail investors, purchases are often considered more informative of insider confidence than routine open‑market sales.