Everspin (MRAM) Director Vikas Choudhary Receives Award

What Happened

• Vikas Choudhary, a director of Everspin Technologies, was granted 15,693 restricted stock units (RSUs) on August 10, 2026. The Form 4 reports an acquisition at $0.00 per share (total reported value $0), reflecting a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (no late filing indicated).
• Award: 15,693 RSUs reported at $0.00 per share (total $0 on Form 4).
• Shares owned after transaction: not specified in the filing.
• Footnote: RSUs vest 50% on August 10, 2027 and 50% on August 10, 2028.
• Transaction code: A (award/grant).

Context

• RSU grants are a form of compensation; they do not require cash outlay by the insider and only convert to actual shares (and taxable income) as they vest. The $0 value on the Form 4 reflects that this was a grant, not a purchase; the economic value will depend on Everspin’s share price when the RSUs vest.
• Such awards are common for executive/director compensation and are not a direct buy or sell signal about the insider’s view of the stock.