Everspin (MRAM) VP Sales Sean Dougherty Receives Award

What Happened
Sean Michael Dougherty, Vice President, Sales at Everspin Technologies (MRAM), received a grant of 8,610 restricted stock units (RSUs) on August 4, 2026. The reported acquisition price is $0 (transaction code A for award/grant). Because these are RSUs, no cash purchase occurred and the reported immediate value is $0.

Key Details

• Transaction date: August 4, 2026; Form 4 filed August 6, 2026 (appears timely).
• Grant: 8,610 RSUs; reported price per share: $0; reported aggregate value: $0.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs vest in three equal quarterly installments, with vesting commencement date of October 1, 2026.
• Transaction type: Award/Grant (code A). No 10b5-1 plan, tax-withholding, or late-filing flag noted in the filing.

Context
RSUs are a form of compensation that convert into shares only after they vest and any applicable conditions are met. Grants are common for employee compensation and do not represent an open-market purchase (which some investors view as a stronger bullish signal). This filing documents the award and its vesting schedule; it does not indicate any immediate share sale or change in ownership until vesting occurs.