RIBAR GEOFFREY G 4

What Happened Geoffrey G. Ribar, a director of Everspin Technologies, was granted 3,852 restricted stock units (RSUs) on May 21, 2026. The award was reported on a Form 4 filed May 22, 2026; the grant shows an acquisition price of $0.00 (award), so no cash was paid by the insider.

Key Details

• Transaction date: May 21, 2026; Form 4 filed May 22, 2026 (appears timely).
• Transaction type/code: Grant / Award (A).
• Amount: 3,852 RSUs; reported price $0.00.
• Vesting: Footnote states RSUs vest in 12 equal monthly installments over one year, commencing May 21, 2026.
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context RSUs are compensation that convert to common shares as they vest; they are not an immediate purchase and thus are different from open-market buys. Grants to directors are commonly used to align interests with shareholders but do not by themselves indicate a personal cash investment or short-term market view.