Director Hawk Glen sells 48,563 Everspin (NASDAQ: MRAM) shares

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Everspin Technologies director Hawk Glen reported selling 48,563 shares of common stock in open-market transactions. The sales occurred on May 15, 2026 across four trades at reported weighted average prices of $37.10, $38.09, $39.13, and $39.97 per share. Footnotes state each reported price reflects a weighted average for multiple trades within price ranges from $36.66 up to $39.97 per share, and detailed trade-by-trade data is available on request.

Insights

Director Hawk Glen made a single-day open-market sale of 48,563 MRAM shares, with no derivative exercises disclosed.

The filing shows four non-derivative open-market sales of Everspin Technologies common stock on May 15, 2026, totaling 48,563 shares. Reported weighted average prices range from about $37.10 to $39.97 per share, indicating execution across a relatively tight trading band.

No option exercises or other derivative transactions appear in the derivativeSummary, so this is a straightforward reduction of common stock holdings rather than an exercise-and-sell pattern. The filing does not reference any Rule 10b5-1 trading plan, so the timing appears discretionary based on the provided data.

The transactionSummary characterizes the activity as a net-sell of 48,563 shares across four sales. Future filings will clarify how this sale fits into Hawk Glen’s longer-term ownership trends, but on its face it represents a single-day liquidity event rather than a complex restructuring.

Insider Trade Summary

Net Seller: 48,563 shares ($1,843,109)

Net Sell 4 txns

Insider HAWK GLEN

Role null

Sold 48,563 shs ($1.84M)

Type	Security	Shares	Price	Value
Sale	Common Stock	17,376	$37.10	$645K
Sale	Common Stock	21,369	$38.09	$814K
Sale	Common Stock	9,418	$39.13	$369K
Sale	Common Stock	400	$39.97	$16K

Holdings After Transaction: Common Stock — 70,738 shares (Direct, null)

Footnotes (1)

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $36.66 to $37.61 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.675 to $38.63 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.74 to $39.735 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.83 to $39.97 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Key Figures

Total shares sold: 48,563 shares First trade size: 400 shares Second trade size: 9,418 shares +5 more

8 metrics

Total shares sold 48,563 shares Net insider sales on May 15, 2026

First trade size 400 shares Single open-market sale of common stock

Second trade size 9,418 shares Open-market sale of common stock

Third trade size 21,369 shares Open-market sale of common stock

Fourth trade size 17,376 shares Open-market sale of common stock

Reported price example $37.10 per share Weighted average price for one sale group

Highest reported price $39.97 per share Weighted average price for one sale group

Net buy/sell direction Net sell of 48,563 shares Transaction summary for May 15, 2026

Key Terms

open-market sale, non-derivative, weighted average sale price, price ranges, +1 more

5 terms

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.

non-derivative financial

""transaction_type": "non-derivative""

weighted average sale price financial

"The reported price in Column 4 is a weighted average sale price."

price ranges financial

"shares were sold in multiple transactions at prices ranging from $36.66 to $37.61 per share"

Securities and Exchange Commission regulatory

"the staff of the Securities and Exchange Commission, upon request"

A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 07:03 PM

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^*

HAWK GLEN

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/15/2026		S		17,376	D	$37.1⁽¹⁾	70,738	D
Common Stock	05/15/2026		S		21,369	D	$38.09⁽²⁾	49,369	D
Common Stock	05/15/2026		S		9,418	D	$39.13⁽³⁾	39,951	D
Common Stock	05/15/2026		S		400	D	$39.97⁽⁴⁾	39,551	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $36.66 to $37.61 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

2. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $37.675 to $38.63 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $38.74 to $39.735 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $39.83 to $39.97 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Cesare Suardi, Attorney-in-Fact for Glen Hawk	05/15/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Everspin Technologies (MRAM) report for Hawk Glen?

Everspin Technologies director Hawk Glen reported selling 48,563 shares of common stock in four open-market transactions on May 15, 2026. All trades were non-derivative sales, meaning they directly reduced his common stock holdings rather than arising from option or warrant exercises.

How many MRAM shares did Hawk Glen sell and on what date?

Hawk Glen sold a total of 48,563 Everspin Technologies (MRAM) common shares on May 15, 2026. The Form 4 breaks this into four separate open-market transactions: 400, 9,418, 21,369, and 17,376 shares, all executed on the same trading day.

At what prices did Hawk Glen’s MRAM stock sales occur?

Each reported price is a weighted average, with transactions recorded at $37.10, $38.09, $39.13, and $39.97 per share. Footnotes explain these averages reflect multiple trades, with underlying prices ranging from $36.66 up to $39.97 across the four sale groups.

Were Hawk Glen’s MRAM transactions option exercises or straight stock sales?

They were straight stock sales of common shares. The filing classifies all four transactions as non-derivative open-market sales, and the derivative section is empty, indicating no concurrent option exercises, conversions, or other derivative events occurred in this Form 4.

Does the Hawk Glen Form 4 for MRAM mention any Rule 10b5-1 trading plan?

The footnotes focus on explaining weighted average sale prices and price ranges for the grouped trades. They do not reference a Rule 10b5-1 trading plan, so the filing does not indicate these sales were executed under a pre-arranged trading program.