Everspin (MRAM) CEO sells 28,459 shares, retains 819,422
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everspin Technologies President and CEO Sanjeev Aggarwal sold 28,459 shares of Common Stock in an open‑market transaction. The shares were sold on May 4, 2026 at a weighted average price of $19.58 per share, according to a Form 4 filing.
The filing notes the shares were sold in multiple trades within a price range of $19.22 to $20.105 per share. After this sale, Aggarwal directly owns 819,422 shares of Everspin Technologies Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 28,459 shares ($557,227)
Net Sell
1 txn
Insider
Aggarwal Sanjeev
Role
President and CEO
Sold
28,459 shs ($557K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 28,459 | $19.58 | $557K |
Holdings After Transaction:
Common Stock — 819,422 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 28,459 shares
Weighted average sale price: $19.58 per share
Sale price range: $19.22–$20.105 per share
+1 more
4 metrics
Shares sold
28,459 shares
Open-market sale by CEO on May 4, 2026
Weighted average sale price
$19.58 per share
Price reported in Form 4 Column 4
Sale price range
$19.22–$20.105 per share
Range for multiple trade executions in footnote
Shares owned after transaction
819,422 shares
Total Common Stock beneficially owned following sale
Key Terms
weighted average sale price, Sale in open market or private transaction, Common Stock
3 terms
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
Sale in open market or private transaction financial
"transaction_code_description: "Sale in open market or private transaction""
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Everspin (MRAM) report for CEO Sanjeev Aggarwal?
Everspin reported that President and CEO Sanjeev Aggarwal sold 28,459 shares of Common Stock. The Form 4 notes this was an open-market sale on May 4, 2026, at a weighted average price of $19.58 per share, across multiple individual trades.
What does the price range in the Everspin (MRAM) Form 4 footnote mean?
The footnote explains that the reported $19.58 price is a weighted average. Individual trades for the 28,459 shares occurred at prices between $19.22 and $20.105 per share. The CEO offers to provide full trade breakdowns upon request to investors or regulators.
Was the Everspin (MRAM) CEO’s transaction an open-market sale or another type?
The Form 4 classifies the CEO’s transaction as an open-market sale of Common Stock. The transaction code “S” and description “Sale in open market or private transaction” indicate it was a disposition of shares rather than an acquisition or option exercise.