EVERSPIN TECHNOLOGIES INC.·4/A

Jul 8, 8:04 PM ET

Cooper William Earl 4/A

Research Summary

AI-generated summary

Updated

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.