RSU grant lifts Everspin (MRAM) VP Dougherty holdings to 98,006

Rhea-AI Filing Summary

Dougherty Sean Michael reported acquisition or exercise transactions in this Form 4 filing.

Everspin Technologies Vice President of Sales Sean Michael Dougherty received a grant of 18,006 shares of common stock on March 31, 2026 as a restricted stock unit award. These units vest in sixteen equal quarterly installments over four years, starting April 1, 2026. Following this compensation grant, he directly holds 98,006 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Dougherty Sean Michael

Role Vice President, Sales

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	18,006	$0.00	--

Holdings After Transaction: Common Stock — 98,006 shares (Direct)

Footnotes (1)

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Key Figures

RSU grant size: 18,006 shares Grant price per share: $0.00 per share Post-grant holdings: 98,006 shares +1 more

4 metrics

RSU grant size 18,006 shares Restricted stock units granted March 31, 2026

Grant price per share $0.00 per share Reported transaction price for RSU grant

Post-grant holdings 98,006 shares Total common shares directly held after the grant

Vesting schedule 16 quarterly installments over 4 years Vesting begins April 1, 2026

Key Terms

restricted stock units, vest, quarterly installments

3 terms

restricted stock units financial

"Represents restricted stock units granted on March 31, 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 in sixteen equal quarterly installments over four years"

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.

quarterly installments financial

"which vest in sixteen equal quarterly installments over four years"

Form 4 Insider Transactions: What Each Field Means →

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)
03/31/2026

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)

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	03/31/2026		A		18,006(1)	A	$0	98,006	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. Represents restricted stock units granted on March 31, 2026, which vest in sixteen equal quarterly installments over four years with a vesting commencement date of April 1, 2026.

Remarks:

	/s/ Cesare Suardi, Attorney-in-Fact for Sean M. Dougherty	04/02/2026
	** 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)

FAQ

What did Everspin (MRAM) disclose about Sean Michael Dougherty in this Form 4?

Everspin reported that Vice President of Sales Sean Michael Dougherty received 18,006 restricted stock units of common stock as a compensation grant. The award was dated March 31, 2026 and increased his direct holdings to a total of 98,006 shares.

How many Everspin (MRAM) shares were granted to the VP of Sales?

The VP of Sales, Sean Michael Dougherty, was granted 18,006 restricted stock units representing shares of Everspin common stock. These units are part of his equity compensation package and will vest over time rather than being fully owned immediately on the grant date.

How do the new restricted stock units for Everspin’s VP vest?

The 18,006 restricted stock units vest in sixteen equal quarterly installments over four years. Vesting starts on April 1, 2026, meaning a portion becomes fully owned every quarter, aligning the executive’s compensation with long-term company performance.

What are Sean Michael Dougherty’s Everspin share holdings after this grant?

After the March 31, 2026 restricted stock unit grant, Sean Michael Dougherty directly holds 98,006 shares of Everspin common stock. This figure reflects his position following the award and shows the scale of his equity stake in the company.

Was the Everspin (MRAM) Form 4 a purchase or a compensation grant?

The Form 4 reflects a compensation grant, not an open-market purchase. Sean Michael Dougherty received 18,006 restricted stock units at a reported price of $0.00 per share, consistent with an equity award provided by the company as part of his compensation.