Everspin (MRAM) CEO sells 20,398 shares to cover RSU tax bill

Rhea-AI Filing Summary

EVERSPIN TECHNOLOGIES INC. President and CEO Sanjeev Aggarwal reported an open-market sale of 20,398 shares of common stock on April 2, 2026 at $8.80 per share. A footnote explains the shares were sold solely to pay taxes due upon the vesting of RSUs. Following this tax-related sale, Aggarwal directly holds 846,923 shares of Everspin common stock.

Insider Trade Summary

Net Seller: 20,398 shares ($179,502)

Net Sell 1 txn

Insider Aggarwal Sanjeev

Role President and CEO

Sold 20,398 shs ($180K)

Type	Security	Shares	Price	Value
Sale	Common Stock	20,398	$8.80	$180K

Holdings After Transaction: Common Stock — 846,923 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 20,398 shares Sale price: $8.80 per share Shares held after sale: 846,923 shares +1 more

4 metrics

Shares sold 20,398 shares Open-market sale on April 2, 2026

Sale price $8.80 per share Price for the 20,398 shares sold

Shares held after sale 846,923 shares Direct ownership after April 2, 2026 transaction

Net shares sold 20,398 shares Net-sell direction in transaction summary

Key Terms

RSUs, open-market sale, Form 4/A

3 terms

RSUs financial

"Shares sold solely to pay taxes due upon the vesting of RSUs."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

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 - 08:06 PM Accepted by SEC EDGAR 07/08/2026 - 08:05 PM Learn about SEC filing dates

FAQ

What insider transaction did MRAM CEO Sanjeev Aggarwal report?

Sanjeev Aggarwal reported selling 20,398 shares of EVERSPIN TECHNOLOGIES INC. common stock. The sale occurred on April 2, 2026 at $8.80 per share and was disclosed on a Form 4/A insider filing with the SEC.

Why did MRAM CEO Sanjeev Aggarwal sell 20,398 shares?

The 20,398 shares were sold solely to pay taxes due upon the vesting of restricted stock units (RSUs). This indicates the disposition was a tax-related transaction rather than a discretionary change in his investment position in EVERSPIN TECHNOLOGIES INC.

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

After the April 2, 2026 sale, Sanjeev Aggarwal directly holds 846,923 shares of EVERSPIN TECHNOLOGIES INC. common stock. This figure, reported in the Form 4/A, shows he retains a substantial equity position in the company following the tax-driven sale.

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

Yes. The Form 4/A classifies the transaction as an open-market sale of common stock. The sale code "S" and description "Sale in open market or private transaction" confirm it was executed in the market at a reported price of $8.80 per share.

Does the MRAM Form 4/A indicate any derivative or option exercises?

No derivative or option exercises are reported in this Form 4/A. The filing shows only a single non-derivative transaction: the sale of 20,398 common shares for tax purposes, with no accompanying data on options, warrants, or other derivative securities.

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)
04/02/2026

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)
04/02/2026

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	04/02/2026		S(1)		20,398	D	$8.8	846,923	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 RSUs.

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)