Billerbeck Darin G 4
Research Summary
AI-generated summary
Everspin (MRAM) Director Darin Billerbeck Receives 3,852 RSU Award
What Happened
Darin G. Billerbeck, a director of Everspin Technologies, was granted 3,852 restricted stock units (RSUs) on May 21, 2026. The award is reported as an acquisition at $0.00 per share (transaction code A). The filing shows the grant but does not report a cash value in the Form 4; economic value will depend on Everspin’s share price as the RSUs vest.
Key Details
- Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (timely filing).
- Grant: 3,852 RSUs acquired at $0.00 (award/grant, code A).
- Vesting: 12 equal monthly installments over one year, vesting commencement date May 21, 2026 (footnote F1).
- Shares owned after the transaction: not specified in the provided filing excerpt.
- No 10b5-1 plan, tax-withholding, sale, or exercise reported in this transaction.
Context
RSUs are compensation that convert to actual shares only as they vest; they are common for directors and executives and do not reflect an immediate open-market purchase or sale. Because this is a grant rather than a buy or sell, it’s a routine compensation event rather than a direct bullish or bearish trading signal.