Dougherty Sean Michael 4/A

What Happened

• Sean Michael Dougherty, Vice President, Sales at Everspin Technologies, sold 422 shares of company stock in a transaction on July 6, 2026. The shares were sold at $19.65 each for proceeds of $8,292. The filing notes the sale was made solely to pay taxes due upon the vesting of Restricted Stock Units (RSUs).

Key Details

• Transaction date and price: July 6, 2026 — 422 shares sold at $19.65 per share (total $8,292).
• Filing: Form 4 filed July 8, 2026 and marked AMENDED to correct the sale date, price per share, and number of shares sold.
• Footnotes: F1 — sale solely to pay taxes on vested RSUs (tax withholding). F2 — filing includes 1,525 shares purchased on April 12, 2026 under the issuer's employee stock purchase plan (ESPP).
• Shares owned after transaction: Not specified in the provided excerpt; filing references holdings that include the 1,525 ESPP shares.
• Transaction code: S = Sale. This was a routine tax-withholding sale, not an open-market purchase (which investors often view as a stronger bullish signal).
• Timeliness: Transaction reported within two business days (filed July 8 for a July 6 transaction); the filing was amended for corrections but was timely.

Context

• Tax-withholding sales tied to RSU vesting are common and typically reflect tax obligations rather than a change in confidence. The amendment corrects reporting details; it does not by itself indicate a change in the economic nature of the transaction.