HAWK GLEN 4
Research Summary
AI-generated summary
Everspin (MRAM) Director Hawk Glen Receives 3,852 RSU Award
What Happened Hawk Glen, a director of Everspin Technologies, was granted 3,852 restricted stock units (RSUs) on May 21, 2026. The reported acquisition price is $0.00 per share (award), with total reported cash consideration $0. This is a compensation award (not a purchase or sale).
Key Details
- Transaction date: 2026-05-21; Form 4 filed: 2026-05-22 (timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 3,852 RSUs at $0.00 per share (reported value $0).
- Vesting: RSUs vest in 12 equal monthly installments over one year, vesting commencement date May 21, 2026 (footnote F1).
- Shares owned after transaction: Not stated in the filing.
- No indication of a 10b5-1 plan, tax withholding, cashless exercise, or late filing in the report.
Context RSU grants are a common form of executive/director compensation and typically vest over time; these awards do not represent an immediate market purchase or sale. Because vesting is monthly over 12 months, the insider will acquire actual shares gradually as the RSUs vest.