EverSpin (NASDAQ: MRAM) CFO sells 1,549 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVERSPIN TECHNOLOGIES INC. Chief Financial Officer William Earl Cooper reported an open-market sale of common stock. On July 1, 2026, he sold 1,549 shares at an average price of $22.34 per share. A filing footnote explains the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units, indicating a tax-related transaction rather than a discretionary portfolio move. Following this sale, Cooper directly holds 149,481 shares of EverSpin common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,549 shares ($34,605)
Net Sell
1 txn
Insider
Cooper William Earl
Role
Chief Financial Officer
Sold
1,549 shs ($35K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,549 | $22.34 | $35K |
Holdings After Transaction:
Common Stock — 149,481 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,549 shares
Sale price: $22.34 per share
Post-transaction holdings: 149,481 shares
3 metrics
Shares sold
1,549 shares
Open-market sale on July 1, 2026
Sale price
$22.34 per share
Average price for the 1,549 shares sold
Post-transaction holdings
149,481 shares
CFO’s direct EverSpin common stock after sale
Key Terms
Restricted Stock Units, open-market sale, Form 4, Chief Financial Officer
4 terms
Restricted Stock Units financial
"Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units."
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Financial Officer financial
"officer_title": "Chief Financial Officer""
A Chief Financial Officer (CFO) is the person in charge of a company's money and financial planning. They decide how to spend, save, and invest funds to help the company grow and stay stable. Their role is important because good financial decisions keep the company healthy and successful.
FAQ
What insider transaction did EVERSPIN TECHNOLOGIES (MRAM) report for its CFO?
EVERSPIN TECHNOLOGIES (MRAM) reported that CFO William Earl Cooper sold 1,549 shares of common stock. The sale occurred on July 1, 2026, as an open-market transaction at an average price of $22.34 per share, according to the Form 4 filing.
Is the MRAM CFO’s July 1, 2026 stock sale part of his equity compensation?
Yes. The Form 4 footnote explains the sale was solely to cover taxes from Restricted Stock Unit vesting. RSUs are a form of equity compensation, and such tax-related sales are common when awards vest and trigger taxable income.