Everspin Technologies (NASDAQ: MRAM) CEO exercises options, lifts holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everspin Technologies President and CEO Sanjeev Aggarwal, who is also a director, reported exercising fully vested employee stock options on February 4, 2026. He converted options into 834 shares of common stock at an exercise price of $9.12 per share and another 6,250 shares at $6.35 per share.
Following these option exercises, Aggarwal directly beneficially owned 556,496 shares of Everspin Technologies common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,084 shares exercised/converted
Mixed
4 txns
Insider
Aggarwal Sanjeev
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 834 | $0.00 | -- |
| Exercise | Employee Stock Option (Right to Buy) | 6,250 | $0.00 | -- |
| Exercise | Common Stock | 834 | $9.12 | $8K |
| Exercise | Common Stock | 6,250 | $6.35 | $40K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Stock — 550,246 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did MRAM CEO Sanjeev Aggarwal report?
Sanjeev Aggarwal reported exercising employee stock options to acquire Everspin Technologies common shares. On February 4, 2026, he exercised options for 834 shares at $9.12 and 6,250 shares at $6.35, increasing his directly held position.
What were the exercise prices for MRAM CEO’s stock options?
The exercised employee stock options had exercise prices of $9.12 and $6.35 per share. On February 4, 2026, Sanjeev Aggarwal used these options to acquire 834 shares at $9.12 and 6,250 shares at $6.35 of Everspin common stock.
Were the MRAM stock options exercised by the CEO fully vested?
Yes. A footnote in the Form 4 states the employee stock options were “Fully vested.” This means the options Aggarwal exercised on February 4, 2026 were already earned and exercisable when he converted them into Everspin common shares.
Does the MRAM Form 4 show any indirect ownership for the CEO?
No. The reported holdings following the transactions are classified as directly owned. The Form 4 lists 556,496 shares of Everspin Technologies common stock as directly held by Sanjeev Aggarwal after the option exercises, with no indirect ownership nature specified.