EVERSPIN TECHNOLOGIES INC.·4

May 15, 7:03 PM ET

HAWK GLEN 4

Research Summary

AI-generated summary

Updated

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.