8,784-share option sale planned; MRAM (NASDAQ: MRAM) Form 144 shows insider disposals

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Form 144 disclosing a planned sale of 8,784 shares of Common Stock via a stock option exercise to be effected on 05/15/2026 for cash. The filing also records prior dispositions by Sanjeev Aggarwal: 28,459 shares sold on 05/04/2026 for $557,355.29 and 20,398 shares sold on 04/02/2026 for $179,533.07.

Insights

Securities Compliance Counsel

Routine Form 144 reporting of option exercise sale and recent dispositions.

The filing lists a stock option exercise of 8,784 shares to be sold for cash on 05/15/2026. This is a notice required under resale rules and documents intention to sell; it does not itself effectuate the trade.

Prior sales by Sanjeev Aggarwal are recorded as 28,459 shares (proceeds $557,355.29) on 05/04/2026 and 20,398 shares (proceeds $179,533.07) on 04/02/2026. Cash‑flow treatment is explicit for the 05/15/2026 item: Cash.

Key Figures

Planned sale (stock option exercise): 8,784 shares Prior disposition: 28,459 shares Prior disposition: 20,398 shares

3 metrics

Planned sale (stock option exercise) 8,784 shares scheduled on 05/15/2026 for cash

Prior disposition 28,459 shares sold on 05/04/2026 for $557,355.29

Prior disposition 20,398 shares sold on 04/02/2026 for $179,533.07

Key Terms

Form 144, Stock Option Exercise, Cash

3 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Securities To Be Sold | Stock Option Exercise | 8784"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Cash financial

"Securities To Be Sold | 05/15/2026 | Cash"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	8784	351360.00	23447577	05/15/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/15/2026	Stock Option Exercise	Issuer			8784	05/15/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
SANJEEV AGGARWAL 5670 W. Chandler Boulevard, Suite 130 Chandler AZ 85226	Common	05/04/2026	28459	557355.29
SANJEEV AGGARWAL 5670 W. Chandler Boulevard, Suite 130 Chandler AZ 85226	Common	04/02/2026	20398	179533.07

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does MRAM's Form 144 disclose about upcoming sales?

The Form 144 discloses a planned sale of 8,784 shares via a stock option exercise scheduled for 05/15/2026. The filing states the exercise proceeds are to be received in cash.

Who reported recent share dispositions in the filing for MRAM?

The filing records recent dispositions by Sanjeev Aggarwal: 28,459 shares sold on 05/04/2026 for $557,355.29 and 20,398 shares sold on 04/02/2026 for $179,533.07.

Does the Form 144 itself complete the sale of MRAM shares?

No. The Form 144 is a notice of an intended resale under resale rules. The filing documents intent to sell; actual trades occur when executed and cleared on the indicated dates, such as 05/15/2026 for the listed exercise.

What transaction method is listed for the 8,784 MRAM shares?

The 8,784 shares are listed as a Stock Option Exercise with sale proceeds to be received in cash. The filing pairs the method with the execution date 05/15/2026.