RIBAR GEOFFREY G 4
4 · EVERSPIN TECHNOLOGIES INC. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Everspin (MRAM) Director Geoffrey G. Ribar Sells 27,488 Shares
What Happened Geoffrey G. Ribar, a director of Everspin Technologies, sold 27,488 shares in an open-market transaction on May 20, 2026. The filing reports a weighted average sale price of $28.87 per share for total proceeds of approximately $793,579. The filing does not indicate an option exercise or award—this was a sale of existing shares.
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (appears timely).
- Transaction type/code: Sale (S), open-market/private sale reported.
- Shares sold: 27,488; weighted average price: $28.87; proceeds ≈ $793,579.
- Price range footnote: sales occurred at prices between $28.42 and $29.385; the weighted average is reported and the filer can provide per-price breakdown on request (Footnote F1).
- Shares owned after transaction: Not disclosed in this filing.
- No indication of 10b5-1 plan, option exercise, gift, or tax withholding noted in the filing.
Context Sales by directors are common and can reflect many personal reasons (liquidity, diversification, tax planning) and do not by themselves indicate company performance or insider sentiment. Retail investors should consider this trade as routine insider selling unless accompanied by other insider activity or material company news.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-05-20$28.87/sh−27,488$793,579→ 94,063 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 $28.42 to $29.385 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.