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EVERSPIN TECHNOLOGIES (MRAM) CFO trims 1,627 shares in tax-related sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

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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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 Cooper William Earl
Role Chief Financial Officer
Sold 1,627 shs ($14K)
Type Security Shares Price Value
Sale Common Stock 1,627 $8.80 $14K
Holdings After Transaction: Common Stock — 171,952 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 1,627 shares Open-market sale on April 2, 2026
Sale price $8.80 per share Common stock transaction price
Shares held after 171,952 shares Direct ownership following reported sale
Net shares sold 1,627 shares Net buy/sell shares in transactionSummary
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.
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.
vesting financial
"taxes due upon the vesting of RSUs."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Form 4/A regulatory
"CONTENT METADATA form_type: "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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FAQ

What insider transaction did EVERSPIN TECHNOLOGIES (MRAM) disclose for its CFO?

EVERSPIN TECHNOLOGIES disclosed that CFO William Earl Cooper sold 1,627 shares of common stock at $8.80 per share. The sale occurred on April 2, 2026 and was reported as an open‑market transaction on an amended Form 4 filing.

Why did EVERSPIN TECHNOLOGIES (MRAM) CFO William Earl Cooper sell shares?

The 1,627 shares sold by CFO William Earl Cooper were disposed of solely to pay taxes due upon the vesting of restricted stock units (RSUs). This indicates the transaction was a tax‑driven administrative event rather than a discretionary decision to reduce his equity exposure.

How many EVERSPIN TECHNOLOGIES (MRAM) shares does the CFO hold after the sale?

After selling 1,627 shares, CFO William Earl Cooper directly holds 171,952 shares of EVERSPIN TECHNOLOGIES common stock. This remaining stake shows the reported transaction is small relative to his overall disclosed ownership position in the company.

Was the EVERSPIN TECHNOLOGIES (MRAM) CFO transaction an open-market sale?

Yes. The Form 4/A characterizes the transaction as an open‑market sale of common stock at a price of $8.80 per share. However, a footnote clarifies that the sale’s purpose was to cover tax obligations from RSU vesting, limiting its signaling value.

Does the EVERSPIN TECHNOLOGIES (MRAM) Form 4/A show any option exercises or derivative trades?

No. The Form 4/A only reports a single non‑derivative transaction: the sale of 1,627 shares of common stock. The derivativeSummary section is empty, indicating no option exercises, warrant conversions, or other derivative transactions were disclosed in this particular filing.
SEC Form 4
FORM 4UNITED 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*
Cooper William Earl

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/02/2026S(1)1,627D$8.8171,952D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 William Cooper07/08/2026
** Signature of Reporting PersonDate
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)