EverSpin (NASDAQ: MRAM) CEO sells shares to cover RSU tax obligations

Rhea-AI Filing Summary

EVERSPIN TECHNOLOGIES INC. President and CEO Sanjeev Aggarwal reported an open-market sale of 30,885 shares of common stock at an average price of $22.34 per share on July 1, 2026. A footnote explains the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. After this tax-related sale, he directly owns 839,561 shares of EverSpin common stock.

Insider Trade Summary

Net Seller: 30,885 shares ($689,971)

Net Sell 1 txn

Insider Aggarwal Sanjeev

Role President and CEO

Sold 30,885 shs ($690K)

Type	Security	Shares	Price	Value
Sale	Common Stock	30,885	$22.34	$690K

Holdings After Transaction: Common Stock — 839,561 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 30,885 shares Sale price per share: $22.34 per share Shares owned after sale: 839,561 shares

3 metrics

Shares sold 30,885 shares Open-market sale of common stock on July 1, 2026

Sale price per share $22.34 per share Average price for the 30,885 shares sold

Shares owned after sale 839,561 shares Direct holdings following the reported transaction

Key Terms

Restricted Stock Units, open-market sale, Common Stock

3 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.

Common Stock financial

""security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 06:43 PM Accepted by SEC EDGAR 07/06/2026 - 06:42 PM Learn about SEC filing dates

FAQ

What insider transaction did MRAM CEO Sanjeev Aggarwal report on this Form 4?

Sanjeev Aggarwal reported an open-market sale of 30,885 shares of EverSpin common stock at $22.34 per share on July 1, 2026. This transaction is classified as a sale in the Form 4 data.

Why were MRAM shares sold by CEO Sanjeev Aggarwal in this filing?

The filing states the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. This indicates the sale was tax-related rather than a discretionary reduction of his equity position.

How many MRAM shares did the CEO hold after the reported sale?

After the transaction, Sanjeev Aggarwal directly owned 839,561 shares of EverSpin common stock. This post-transaction holding is disclosed in the Form 4 as the total shares following the sale.

Was the MRAM CEO’s transaction a buy or sell, and what type of trade was used?

The transaction was a sell, recorded as an open-market sale of common stock. The Form 4 classifies it under code “S,” meaning a sale in the open market or a private transaction.

Does this MRAM Form 4 involve any derivative securities or options exercises?

No derivative transactions are shown in this Form 4. The derivative summary is empty, and the filing only reports a non-derivative common stock sale tied to tax obligations from Restricted Stock Unit vesting.

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^*

Aggarwal Sanjeev

(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
X	Officer (give title below)		Other (specify below)
	President and CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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	07/01/2026		S(1)		30,885	D	$22.34	839,561	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. Shares sold solely to pay taxes due upon the vesting of Restricted Stock Units.

Remarks:

	/s/ Cesare Suardi, Attorney-in-Fact for Sanjeev Aggarwal	07/06/2026
	** 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)