Tax-driven share sale by Everspin (NASDAQ: MRAM) VP disclosed in Form 4/A

Rhea-AI Filing Summary

Everspin Technologies Vice President of Sales Sean Michael Dougherty reported a small tax-related share sale. On July 6, 2026, he sold 422 shares of common stock at $19.65 per share in an open-market transaction. A footnote explains the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units, making this a routine, compensation-driven transaction rather than a discretionary sale. After the sale, Dougherty directly owned 99,109 shares of Everspin common stock.

Insights

Insider transactions analyst

Small, routine tax-driven insider sale with limited signaling value.

The filing shows Everspin Technologies Vice President of Sales Sean Michael Dougherty sold 422 shares of common stock at $19.65 on July 6, 2026. The transaction is coded as an open-market sale.

A footnote clarifies the shares were sold solely to pay taxes upon vesting of Restricted Stock Units, indicating a mechanistic, compensation-related sale. After this trade, he still directly holds 99,109 shares, so the sale represents a very small portion of his position.

Because the transaction is tax-driven and small relative to Dougherty’s holdings, it carries weak informational value about his view of the stock. Future company filings may provide additional context on ongoing equity compensation and related tax settlements.

Insider Trade Summary

Net Seller: 422 shares ($8,292)

Net Sell 1 txn

Insider Dougherty Sean Michael

Role Vice President, Sales

Sold 422 shs ($8K)

Type	Security	Shares	Price	Value
Sale	Common Stock	422	$19.65	$8K

Holdings After Transaction: Common Stock — 99,109 shares (Direct, null)

Footnotes (1)

1. Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units. Includes 1,525 shares purchased on April 12, 2026 pursuant to the Issuer's employee stock purchase plan.

Key Figures

Shares sold: 422 shares Sale price: $19.65 per share Shares after transaction: 99,109 shares +2 more

5 metrics

Shares sold 422 shares Open-market sale on July 6, 2026

Sale price $19.65 per share Price for the 422 shares sold

Shares after transaction 99,109 shares Direct holdings following the sale

Net shares sold 422 shares Net change in buy/sell activity in this filing

ESPP shares 1,525 shares Shares purchased on April 12, 2026 under employee stock purchase plan

Key Terms

Restricted Stock Units, employee stock purchase plan, open-market sale, Form 4/A

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.

employee stock purchase plan financial

"Includes 1,525 shares purchased on April 12, 2026 pursuant to the Issuer's employee stock purchase plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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.

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Form 4 Insider Transactions: What Each Field Means →

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

FAQ

What insider transaction did Everspin (MRAM) report for Sean Michael Dougherty?

Everspin reported that Vice President of Sales Sean Michael Dougherty sold 422 shares of common stock. The sale occurred on July 6, 2026, and was reported as an open-market transaction on a Form 4/A insider filing.

At what price did the Everspin (MRAM) executive sell his shares?

Sean Michael Dougherty sold 422 Everspin common shares at $19.65 per share. This price reflects the execution value disclosed, and the trade was characterized as an open-market sale in the amended Form 4 filing.

Why did the Everspin (MRAM) VP of Sales sell 422 shares?

A footnote states the 422 shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. This means the transaction was driven by tax obligations related to equity compensation, not by a discretionary portfolio decision.

How many Everspin (MRAM) shares does Sean Michael Dougherty hold after the sale?

Following the July 6, 2026 transaction, Sean Michael Dougherty directly owns 99,109 shares of Everspin common stock. This post-transaction figure shows that the 422 shares sold represent a very small fraction of his overall direct holdings.

What does the Everspin (MRAM) Form 4/A say about prior share purchases?

A footnote notes that Dougherty’s holdings include 1,525 shares purchased on April 12, 2026 under Everspin’s employee stock purchase plan. This indicates part of his position was accumulated through a company-sponsored share purchase program.

Is the Everspin (MRAM) insider sale part of a derivative or option exercise?

The disclosed transaction involves non-derivative common stock and is coded as an open-market sale. The filing does not list any accompanying option exercises, and the sale is described as paying taxes on vesting Restricted Stock Units.

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^*

Dougherty Sean Michael

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice President, Sales

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)		422	D	$19.65	99,109(2)	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.

2. Includes 1,525 shares purchased on April 12, 2026 pursuant to the Issuer's employee stock purchase plan.

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 Sean M. Dougherty	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)