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EVERSPIN TECHNOLOGIES (MRAM) awards 15,693 RSUs to director Vikas Choudhary

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

Rhea-AI Filing Summary

Choudhary Vikas reported acquisition or exercise transactions in this Form 4 filing.

EVERSPIN TECHNOLOGIES INC. director Vikas Choudhary reported an equity compensation award in the form of restricted stock units covering 15,693 shares of Common Stock on August 10, 2026. These RSUs vest in two equal installments, with 50% vesting on August 10, 2027 and the remaining 50% on August 10, 2028. Following this grant, Choudhary’s reported direct holdings are 15,693 shares, reflecting the awarded units.

Positive

  • None.

Negative

  • None.
Insider Choudhary Vikas
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 15,693 $0.00 $0.00
Holdings After Transaction: Common Stock — 15,693 shares (Direct)
Footnotes (1)
  1. F1. Represents restricted stock units granted on August 10, 2026, which vest 50% on August 10, 2027 and 50% on August 10, 2028.
RSUs granted 15,693 shares Restricted stock units granted to director on August 10, 2026
Price per share $0.00 Stated transaction price for RSU grant
Holdings after transaction 15,693 shares Director’s direct position following the RSU award
First vesting tranche 50% Vests on August 10, 2027
Second vesting tranche 50% Vests on August 10, 2028
restricted stock units financial
"Represents restricted stock units granted on August 10, 2026, which vest"
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.
vest financial
"which vest 50% on August 10, 2027 and 50% on August 10, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition"

FAQ

What did EVERSPIN TECHNOLOGIES (MRAM) director Vikas Choudhary report on this Form 4?
Vikas Choudhary reported a grant of 15,693 restricted stock units of EVERSPIN TECHNOLOGIES INC. common stock on August 10, 2026, as director equity compensation, with vesting spread over two future dates.

How many EVERSPIN TECHNOLOGIES (MRAM) shares were granted to Vikas Choudhary?
The filing shows a grant of 15,693 restricted stock units of EVERSPIN TECHNOLOGIES INC. common stock. These RSUs represent the right to receive an equivalent number of shares as they vest over time.

What is the vesting schedule for Vikas Choudhary’s MRAM restricted stock units?
The RSUs granted on August 10, 2026 vest 50% on August 10, 2027 and 50% on August 10, 2028. Vesting must occur before the underlying EVERSPIN TECHNOLOGIES INC. shares are fully deliverable.

Did Vikas Choudhary buy or sell MRAM shares in the market?
No market purchase or sale is reported. The Form 4 reflects a grant/award acquisition of restricted stock units at a stated price of $0.00 per share, consistent with equity compensation rather than an open-market trade.

What are Vikas Choudhary’s MRAM holdings after this RSU grant?
After the reported transaction, Choudhary’s direct position is listed as 15,693 shares, corresponding to the granted restricted stock units, which will become deliverable as they vest on the specified future dates.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →
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*
Choudhary Vikas
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026		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)

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 Stock08/10/2026A15,693(1)A$015,693D
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. Represents restricted stock units granted on August 10, 2026, which vest 50% on August 10, 2027 and 50% on August 10, 2028.
Remarks:
/s/ Cesare Suardi, Attorney-in-Fact for Vikas Choudhary08/12/2026
** 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)

Source: View Original Filing on SEC EDGAR