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Everspin Technologies (MRAM) director granted 3,852 RSUs, now holds 440,525 shares

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

Rhea-AI Filing Summary

EVERSPIN TECHNOLOGIES INC. director Lawrence G. Finch reported an equity compensation grant in the form of restricted stock units. On May 21, 2026 he was awarded 3,852 shares of Common Stock at a price of $0.00 per share, classified as a grant or award acquisition.

The RSUs vest in 12 equal monthly installments over one year, with vesting commencing on May 21, 2026. Following this grant, Finch directly holds 440,525 shares of Common Stock. An additional 41,961 shares are held indirectly by the Lawrence G. and Janice C. Finch Revocable Trust, of which he is trustee.

Positive

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Insider FINCH LAWRENCE G
Role null
Type Security Shares Price Value
Grant/Award Common Stock 3,852 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 440,525 shares (Direct, null); Common Stock — 41,961 shares (Indirect, See Footnote)
Footnotes (1)
  1. Represents restricted stock units granted on May 21, 2026, which vest in 12 equal monthly installments over one year with a vesting commencing date of May 21, 2026. The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust, of which the reporting person is trustee.
RSU grant size 3,852 shares Restricted stock units granted on May 21, 2026
Grant price per share $0.00 per share Equity compensation award, non-cash
Direct holdings after grant 440,525 shares Common Stock directly owned after transactions
Indirect trust holdings 41,961 shares Held by Lawrence G. and Janice C. Finch Revocable Trust
Vesting schedule 12 monthly installments over one year RSUs vest starting May 21, 2026
restricted stock units financial
"Represents restricted stock units granted on May 21, 2026, which vest in 12 equal monthly installments"
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.
grant, award, or other acquisition financial
"transaction code description is Grant, award, or other acquisition for the 3,852 shares"
revocable trust financial
"The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
indirect ownership financial
"The 41,961 shares are reported with ownership type indirect and nature of ownership See Footnote"
vesting commencing date financial
"vest in 12 equal monthly installments over one year with a vesting commencing date of May 21, 2026"
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*
FINCH LAWRENCE G

(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)
05/21/2026
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 Stock05/21/2026A3,852(1)A$0440,525D
Common Stock41,961ISee Footnote(2)
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 May 21, 2026, which vest in 12 equal monthly installments over one year with a vesting commencing date of May 21, 2026.
2. The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust, of which the reporting person is trustee.
Remarks:
/s/ Cesare Suardi, Attorney-in-Fact for Lawrence G. Finch05/22/2026
** 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)

FAQ

What insider transaction did EVERSPIN TECHNOLOGIES (MRAM) report for Lawrence G. Finch?

EVERSPIN TECHNOLOGIES reported that director Lawrence G. Finch received a grant of 3,852 shares of Common Stock as equity compensation. The award was recorded at $0.00 per share and classified as a grant or award acquisition rather than an open-market stock purchase or sale.

How many EVERSPIN TECHNOLOGIES (MRAM) shares does Lawrence G. Finch hold after this Form 4?

After the reported grant, Lawrence G. Finch directly holds 440,525 shares of EVERSPIN TECHNOLOGIES Common Stock. A separate 41,961 shares are held indirectly by the Lawrence G. and Janice C. Finch Revocable Trust, for which he serves as trustee, according to the Form 4 disclosure.

How do the new restricted stock units for MRAM’s Lawrence G. Finch vest?

The restricted stock units granted to Lawrence G. Finch on May 21, 2026 vest in 12 equal monthly installments over one year. Vesting begins on May 21, 2026, creating a monthly release schedule that ties ongoing share delivery to his continued service with EVERSPIN TECHNOLOGIES.

Was the MRAM insider transaction by Lawrence G. Finch a market buy or sell?

The MRAM insider activity was not a market buy or sell; it was a grant. The Form 4 lists transaction code “A” for 3,852 shares of Common Stock, described as a grant, award, or other acquisition, with a price per share of $0.00, indicating compensation rather than trading.

How are the indirect MRAM holdings of Lawrence G. Finch structured?

The Form 4 shows 41,961 EVERSPIN TECHNOLOGIES shares held indirectly through the Lawrence G. and Janice C. Finch Revocable Trust. The filing states that the reporting person is trustee of this revocable trust, clarifying that these shares are legally held by the trust rather than in his direct name.