[Form 4] Everspin Technologies, Inc Insider Trading Activity

Rhea-AI Filing Summary

Everspin Technologies, Inc. (MRAM) insider Sanjeev Aggarwal, who serves as President & CEO and a director, reported a sale of 1,768 shares of common stock on 08/08/2025 at $6.02 per share. The Form 4 states the transaction was effected under a Rule 10b5-1 trading plan entered into on December 6, 2024. After the reported transaction, Aggarwal beneficially owned 591,904 shares directly. The filing was signed by an attorney-in-fact on 08/11/2025, indicating a prearranged, disclosed insider sale rather than an ad hoc disposition.

Positive

• Transaction disclosed promptly via Form 4, providing transparency to investors
• Sale executed under a Rule 10b5-1 plan (entered 12/06/2024), indicating a prearranged trading program
• Reporting person retains meaningful holdings: 591,904 shares beneficially owned directly after the sale

Negative

• None.

Insights

Securities Analyst

Small, prearranged CEO sale under a 10b5-1 plan; limited immediate investor impact.

The Form 4 documents a disposal of 1,768 shares at $6.02 each by Sanjeev Aggarwal on 08/08/2025, executed pursuant to a 10b5-1 trading plan established 12/06/2024. The remaining direct beneficial ownership of 591,904 shares suggests the sale represented a modest portion of the insider's holdings. As disclosed, the transaction appears routine and governed by an affirmative-defense plan, which typically reduces informational asymmetry about timing and intent.

Corporate Governance Expert

Disclosure follows good practice: sale executed under a documented trading plan and properly reported.

The filing identifies Aggarwal as President & CEO and a director and records the transaction on a Form 4 signed by an attorney-in-fact on 08/11/2025. The explicit note that the sale was effected pursuant to a Rule 10b5-1 plan (entered 12/06/2024) aligns with standard governance protocols for prearranged insider transactions. The report provides clear numbers for shares sold and shares remaining, supporting transparency for investors and regulators.

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).

X

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^*

Aggarwal Sanjeev

(Last) (First) (Middle)

C/O EVERSPIN TECHNOLOGIES, INC.

5670 W. CHANDLER BOULEVARD, SUITE 130

(Street)

CHANDLER AZ 85226

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/08/2025		S(1)		1,768	D	$6.02	591,904	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. The transaction reported by the Reporting Person was effected pursuant to a Rule 10b5-1 trading plan entered into on December 6, 2024.

	/s/ Cesare Suardi, Attorney-in-Fact for Sanjeev Aggarwal	08/11/2025
	** 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.

FAQ

When did the insider transaction occur for Everspin (MRAM)?

The reported transaction date is 08/08/2025.

How many shares did Sanjeev Aggarwal sell in the Form 4 filing?

The Form 4 reports a sale of 1,768 shares of common stock.

At what price were the shares sold in the Everspin Form 4?

The reported sale price was $6.02 per share.

Was the sale made under a 10b5-1 trading plan?

Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 plan entered into on December 6, 2024.

How many Everspin shares does Aggarwal beneficially own after the sale?

After the reported transaction, Aggarwal beneficially owned 591,904 shares directly.