Everspin (MRAM) CEO Sanjeev Aggarwal Sells 30,885 Shares

What Happened

San­jeev Aggarwal, President & CEO and a director of Everspin Technologies (MRAM), reported a sale of 30,885 shares on July 1, 2026. The shares were sold at $22.34 each for total proceeds of approximately $689,971. The filing notes the sale was done solely to pay taxes due upon the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-07-01
• Transaction type/code: Sale (S); footnote indicates tax withholding on RSU vesting (F1)
• Price per share: $22.34
• Shares sold: 30,885 — proceeds ≈ $689,971
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing date: 2026-07-06 — appears to be filed after the typical 2-business-day window (may be late)

Context

• The footnote clarifies this was a tax-withholding sale related to RSU vesting, a routine administrative transaction and not necessarily an expression of sentiment about the company.
• Sales to cover tax obligations are common for executives receiving equity awards and should be interpreted differently than discretionary open-market selling.