Everspin (NASDAQ: MRAM) CFO sells 1,821 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
EVERSPIN TECHNOLOGIES INC. Chief Financial Officer William Earl Cooper reported an open-market sale of common stock. He sold 1,821 shares on 2026-07-06 at $19.65 per share, and held 149,131 shares afterward.
According to the footnote, the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units, indicating a tax-related, administrative transaction rather than a discretionary portfolio change.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,821 shares ($35,783)
Net Sell
1 txn
Insider
Cooper William Earl
Role
Chief Financial Officer
Sold
1,821 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,821 | $19.65 | $36K |
Holdings After Transaction:
Common Stock — 149,131 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,821 shares
Sale price: $19.65 per share
Shares owned after sale: 149,131 shares
+1 more
4 metrics
Shares sold
1,821 shares
Open-market sale on 2026-07-06
Sale price
$19.65 per share
Common stock transaction
Shares owned after sale
149,131 shares
Direct holdings following transaction
Transactions reported
1 sale
Non-derivative common stock
Key Terms
Restricted Stock Units, open-market sale, Form 4/A
3 terms
Restricted Stock Units financial
"Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4/A regulatory
"INSIDER FILING DATA (Form 4/A):"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
What insider transaction did EVERSPIN TECHNOLOGIES (MRAM) report for William Earl Cooper?
EVERSPIN TECHNOLOGIES reported that Chief Financial Officer William Earl Cooper sold 1,821 shares of common stock. The sale occurred at $19.65 per share and was disclosed as an open-market transaction, with the filing noting his updated direct ownership after the sale.
Was the EVERSPIN TECHNOLOGIES (MRAM) insider sale an open-market transaction?
Yes. The transaction is coded as an open-market sale of common stock with a sale price of $19.65 per share. The Form 4/A characterizes it as a sale in the open market or a private transaction, executed to address tax obligations from RSU vesting.
Does the EVERSPIN TECHNOLOGIES (MRAM) Form 4/A indicate any derivative or option exercises?
No derivative transactions are listed in the summary, and the derivative section is empty. The filing shows only a single non-derivative transaction: an open-market sale of 1,821 common shares related to taxes on vesting Restricted Stock Units.