What does the indirect MRAM share holding for Lawrence G. Finch represent?

The indirect holding of 41,961 EVERSPIN TECHNOLOGIES shares is held by the Lawrence G. and Janice C. Finch Revocable Trust. The filing states that Lawrence G. Finch is trustee of this trust, which is why the position is reported as indirect ownership on the Form 4.

How significant is the 637-share MRAM award to Lawrence G. Finch’s stake?

The 637-share award modestly increases Lawrence G. Finch’s position in EVERSPIN TECHNOLOGIES. He now directly holds 436,673 shares, so the grant is a relatively small incremental addition, functioning as routine equity compensation rather than a large directional trade.

Director Finch receives RSU share award at Everspin (NASDAQ: MRAM)

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

FINCH LAWRENCE G reported acquisition or exercise transactions in this Form 4 filing.

EVERSPIN TECHNOLOGIES INC. director Lawrence G. Finch received a grant of 637 shares of common stock as fully vested restricted stock units at a price of $0.00 per share. After this award, he holds 436,673 shares directly and 41,961 shares indirectly through the Lawrence G. and Janice C. Finch Revocable Trust.

The filing reflects a compensation-related share award rather than an open-market purchase or sale, so it does not indicate any discretionary trading activity in the company’s stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider FINCH LAWRENCE G

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	637	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 436,673 shares (Direct, null); Common Stock — 41,961 shares (Indirect, See Footnote)

Footnotes (1)

Represents fully vested restricted stock units. The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust, of which the reporting person is trustee.

Key Figures

RSU share award: 637 shares Direct holdings after award: 436,673 shares Indirect trust holdings: 41,961 shares +1 more

4 metrics

RSU share award 637 shares Fully vested restricted stock units, code A grant

Direct holdings after award 436,673 shares Common stock held directly by Lawrence G. Finch

Indirect trust holdings 41,961 shares Common stock held by Lawrence G. and Janice C. Finch Revocable Trust

Award price per share $0.00 per share Price for RSU-related common stock grant

Key Terms

restricted stock units, Revocable Trust, grant, award, or other acquisition

3 terms

restricted stock units financial

"Represents fully vested 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.

Revocable Trust financial

"The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust"

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

05/07/2026 - 06:14 PM

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^*

FINCH LAWRENCE G

(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)
05/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/06/2026		A		637	A⁽¹⁾	$0	436,673	D
Common Stock								41,961	I	See Footnote⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents fully vested restricted stock units.

2. The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust, of which the reporting person is trustee.

Remarks:

	/s/ Cesare Suardi, Attorney-in-Fact for Lawrence G. Finch	05/07/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MRAM director Lawrence G. Finch report?

Lawrence G. Finch reported receiving 637 shares of EVERSPIN TECHNOLOGIES common stock as fully vested restricted stock units. The shares were awarded at no cost, reflecting stock-based compensation rather than an open-market purchase or sale of MRAM shares.

How many MRAM shares does Lawrence G. Finch hold after this Form 4?

After the reported award, Lawrence G. Finch holds 436,673 EVERSPIN TECHNOLOGIES common shares directly. He also has 41,961 shares held indirectly through the Lawrence G. and Janice C. Finch Revocable Trust, where he serves as trustee according to the filing.

Was the MRAM insider transaction a market buy or sell?

The MRAM insider transaction was not a market buy or sell. It was an acquisition of 637 common shares through a stock award coded “A,” representing fully vested restricted stock units granted as compensation at a stated price of $0.00 per share.