EVERSPIN CFO sells 1,627 MRAM shares for RSU taxes
EVERSPIN TECHNOLOGIES INC.
Rhea-AI Filing Summary
EVERSPIN TECHNOLOGIES INC. Chief Financial Officer William Earl Cooper reported an open-market sale of 1,627 shares of common stock on April 2, 2026 at $8.80 per share. According to the footnote, the shares were sold solely to pay taxes due upon the vesting of RSUs. After this transaction, he directly holds 171,952 shares, indicating this was a relatively small, tax-driven sale rather than a major change in his ownership stake.
Positive
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Negative
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Insights
Small CFO share sale driven by RSU tax obligations, routine in nature.
CFO William Earl Cooper sold 1,627 shares of EVERSPIN TECHNOLOGIES INC. common stock at $8.80 per share on April 2, 2026. The transaction is coded as an open‑market sale.
A footnote states the shares were sold solely to pay taxes arising from the vesting of RSUs, which is a common administrative event rather than a discretionary liquidation. Following the sale, he still holds 171,952 shares directly, so the transaction represents only a small fraction of his disclosed position.
The filing shows no derivative exercises or other complex transactions, and no references to a Rule 10b5‑1 trading plan. Overall, this appears to be a routine tax‑related sale with limited informational value about management’s view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,627 | $8.80 | $14K |
Footnotes (1)
- F1. Shares sold solely to pay taxes due upon the vesting of RSUs.
Key Figures
Key Terms
open-market sale financial
RSUs financial
vesting financial
Form 4/A regulatory
FAQ
What insider transaction did EVERSPIN TECHNOLOGIES (MRAM) disclose for its CFO?
Was the EVERSPIN TECHNOLOGIES (MRAM) CFO transaction an open-market sale?
Does the EVERSPIN TECHNOLOGIES (MRAM) Form 4/A show any option exercises or derivative trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.