RIBAR GEOFFREY G 4

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.