MRAM CEO sells shares to cover RSU tax bill

EVERSPIN TECHNOLOGIES INC.

Rhea-AI Filing Summary

EVERSPIN TECHNOLOGIES INC. President and CEO Sanjeev Aggarwal reported an open-market sale of 36,289 shares of common stock at an average price of $19.65 per share. According to the footnote, the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. After this tax-related sale, Aggarwal directly holds 833,199 shares of EverSpin common stock.

Insights

Insider trading and governance analyst

CEO sale was tax-related and leaves a large remaining stake.

EVERSPIN TECHNOLOGIES INC. President and CEO Sanjeev Aggarwal completed an open-market sale of 36,289 common shares at $19.65 per share. The filing states this sale was made solely to cover taxes triggered by the vesting of Restricted Stock Units.

Because the transaction is tied to RSU tax obligations rather than discretionary portfolio changes, it carries weaker signaling value about management’s view of the stock. Following the sale, Aggarwal still directly owns 833,199 shares, indicating that the sale represents a relatively small portion of his overall disclosed holdings in this filing.

Insider Trade Summary

Net Seller: 36,289 shares

Net Sell 1 txn

Insider Aggarwal Sanjeev

Role President and CEO

Sold 36,289 shs ($713K)

Type	Security	Shares	Price	Value
Sale	Common Stock	36,289	$19.65	$713K

Holdings After Transaction: Common Stock — 833,199 shares (Direct)

Footnotes (1)

1. F1. Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units.

Key Figures

Shares sold: 36,289 shares Sale price per share: $19.65 per share Shares owned after transaction: 833,199 shares +2 more

5 metrics

Shares sold 36,289 shares Open-market sale of common stock on 2026-07-06

Sale price per share $19.65 per share Average price for 36,289 common shares sold

Shares owned after transaction 833,199 shares CEO’s direct holdings following the sale

Transaction code S Classified as sale in open market or private transaction

Transaction direction sell Net-sell of 36,289 shares per transactionSummary

Key Terms

Restricted Stock Units, open-market sale, non-derivative, transaction code "S"

4 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.

non-derivative financial

""transaction_type": "non-derivative""

transaction code "S" regulatory

""transaction_code": "S""

FAQ

What insider transaction did MRAM CEO Sanjeev Aggarwal report?

EVERSPIN TECHNOLOGIES INC. President and CEO Sanjeev Aggarwal reported selling 36,289 shares of common stock at $19.65 per share. The filing identifies the transaction as an open-market sale of non-derivative common shares.

Why did the MRAM CEO sell 36,289 shares of EverSpin stock?

The filing states the 36,289 shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. This indicates the sale was driven by tax obligations arising from equity compensation rather than a discretionary portfolio decision.

How many MRAM shares does the CEO hold after this transaction?

After the transaction, CEO Sanjeev Aggarwal directly holds 833,199 shares of EVERSPIN TECHNOLOGIES INC. common stock. This post-transaction balance is reported in the Form 4/A as the total number of shares owned following the sale.

Was the MRAM CEO’s sale an open-market transaction?

Yes. The Form 4/A describes the transaction as an open-market sale of common stock, coded as “S” and labeled “Sale in open market or private transaction,” with a reported sale price of $19.65 per share.

Does the MRAM Form 4/A involve stock options or other derivatives?

No derivative transactions are reported in this Form 4/A. The filing shows a single non-derivative transaction in common stock and an empty derivativeSummary section, indicating no options or similar instruments were exercised or traded here.

What does tax-related share selling mean for MRAM investors?

Tax-driven sales like this one typically arise when Restricted Stock Units vest and create tax liabilities. The filing specifies the sale was solely to pay those taxes, so it is generally seen as administrative rather than a change in the CEO’s fundamental position.

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Available on EDGAR 07/08/2026 - 08:10 PM Accepted by SEC EDGAR 07/08/2026 - 08:10 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Aggarwal Sanjeev

(Last) (First) (Middle)

C/O EVERSPIN TECHNOLOGIES, INC.

5670 W. CHANDLER BLVD, STE 130

(Street)

CHANDLER ARIZONA 85226

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
EVERSPIN TECHNOLOGIES INC. [ MRAM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
07/06/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/06/2026		S(1)		36,289	D	$19.65	833,199	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units.

Remarks:

This Form 4 is being amended to correct the date on which the shares were sold to pay taxes, the price per share for such sale, and the number of shares sold.

	/s/ Cesare Suardi, Attorney-in-Fact for Sanjeev Aggarwal	07/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)