Everspin Technologies (MRAM) director granted 3,852 RSUs vesting over a year

Rhea-AI Filing Summary

MITCHELL DOUGLAS M reported acquisition or exercise transactions in this Form 4 filing.

Everspin Technologies director Douglas M. Mitchell received a grant of 3,852 restricted stock units on May 21, 2026. The award was made at no cash cost per share as compensation, not an open-market purchase. Following this grant, Mitchell directly holds 32,100 shares of common stock.

The restricted stock units vest in 12 equal monthly installments over one year, beginning on May 21, 2026, providing Mitchell with a steady schedule of share delivery tied to continued service.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MITCHELL DOUGLAS M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	3,852	$0.00	--

Holdings After Transaction: Common Stock — 32,100 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 3,852 shares Grant price: $0.00 per share Shares after transaction: 32,100 shares +1 more

4 metrics

RSUs granted 3,852 shares Restricted stock units granted on May 21, 2026

Grant price $0.00 per share Equity award granted at no cash cost

Shares after transaction 32,100 shares Total direct holdings after the grant

Vesting schedule 12 monthly installments Vests over one year starting May 21, 2026

Key Terms

restricted stock units, vest in 12 equal monthly installments, grant, award, or other acquisition

3 terms

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.

vest in 12 equal monthly installments financial

"which vest in 12 equal monthly installments over one year with a vesting commencing date of May 21, 2026"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

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^*

MITCHELL DOUGLAS M

(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)
05/21/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/21/2026		A		3,852(1)	A	$0	32,100	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. 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.

Remarks:

	/s/ Cesare Suardi, Attorney-in-Fact for Douglas M. Mitchell	05/22/2026
	** 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)

FAQ

What did Everspin Technologies (MRAM) disclose in this Form 4 filing?

Everspin Technologies reported that director Douglas M. Mitchell received 3,852 restricted stock units of common stock on May 21, 2026. These equity awards were granted at no cash cost and represent compensation rather than an open-market stock purchase or sale.

How many Everspin Technologies (MRAM) shares does Douglas M. Mitchell hold after this grant?

After the grant, Douglas M. Mitchell holds 32,100 shares of Everspin Technologies common stock. This total includes the newly granted 3,852 restricted stock units, which are scheduled to vest over one year in 12 equal monthly installments starting on May 21, 2026.

What are the terms of the 3,852 restricted stock units granted by Everspin Technologies (MRAM)?

The 3,852 restricted stock units granted to director Douglas M. Mitchell vest in 12 equal monthly installments over one year. Vesting begins on May 21, 2026, aligning the award with ongoing board service and delivering shares gradually rather than all at once.

Was the Everspin Technologies (MRAM) Form 4 transaction a stock purchase or sale?

The transaction was not a stock purchase or sale in the open market. It was an award of 3,852 restricted stock units granted at a price of $0.00 per share as part of director compensation, classified as a grant or other acquisition transaction.

Who is the insider involved in this Everspin Technologies (MRAM) Form 4 filing?

The insider is Douglas M. Mitchell, a director of Everspin Technologies. He reported receiving 3,852 restricted stock units of common stock that vest monthly over one year, increasing his direct holdings to a total of 32,100 shares after the reported transaction.