Cooper William Earl 4/A
Research Summary
AI-generated summary
Everspin (MRAM) CFO William Earl Cooper Sells 1,821 Shares
What Happened
- William Earl Cooper, Chief Financial Officer of Everspin Technologies (MRAM), reported a sale of 1,821 shares at $19.65 per share on July 6, 2026, generating proceeds of $35,783. The Form 4 lists the transaction as a sale (open market or private sale).
- Footnote F1 states the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units (RSUs). This filing is an amended Form 4 correcting the sale date, price per share, and number of shares sold.
Key Details
- Transaction date: 2026-07-06; Price: $19.65 per share; Shares sold: 1,821; Total proceeds: $35,783.
- Reason: Sold to cover taxes on vested RSUs (footnote F1 — tax withholding).
- Filing: Amended Form 4 filed 2026-07-08 to correct date, price, and share count.
- Shares owned after transaction: Not specified in the provided filing summary — see the full Form 4 for reported post-transaction holdings.
- Timeliness: Amended filing was made two days after the transaction (within the typical 2-business-day Form 4 window).
Context
- Sales to cover tax withholding on vested RSUs are common and generally routine; they do not necessarily signal a change in the insider’s view of the company. Purchases tend to be more informative about insider sentiment.