Cooper William Earl 4/A
Research Summary
AI-generated summary
Everspin (MRAM) CFO William Cooper Sells 1,627 Shares
What Happened
- William Earl Cooper, Chief Financial Officer of Everspin Technologies, sold 1,627 shares of MRAM on 2026-04-02 at $8.80 per share, generating $14,318 in proceeds. The sale was reported as a disposition (code S) and, per the filing footnote, the shares were sold solely to pay taxes due upon the vesting of restricted stock units (RSUs).
- This Form 4 is an amended filing correcting the sale date, price per share, and number of shares sold.
Key Details
- Transaction date and price: 2026-04-02, 1,627 shares at $8.80 each.
- Total proceeds: $14,318.
- Reason/footnote: F1 — shares sold solely to pay taxes on RSU vesting (tax withholding).
- Filing status: Amended Form 4 (corrects prior report); the original filing/timeliness is not provided in the summary data.
- Shares owned after the transaction: Not specified in the provided filing summary.
Context
- Tax-withholding sales of vested RSUs are routine and are generally executed to satisfy tax obligations rather than to express a view on the company’s prospects. Such sales differ from discretionary open-market selling for liquidity or portfolio reasons.
- For investors, single, small tax-related sales by insiders usually carry limited informational value; focus on patterns (repeated sales/purchases) and total insider ownership for stronger signals.