Everspin (MRAM) CFO trims stake with 10,000-share stock sale
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 10,000 shares of common stock. The weighted average sale price was $29.13 per share, with individual trades ranging from $28.59 to $29.50 per share. After this transaction, he directly holds 151,030 shares of Everspin common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($291,300)
Net Sell
1 txn
Insider
Cooper William Earl
Role
Chief Financial Officer
Sold
10,000 shs ($291K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $29.13 | $291K |
Holdings After Transaction:
Common Stock — 151,030 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $29.13/share
Post-transaction holdings: 151,030 shares
+1 more
4 metrics
Shares sold
10,000 shares
Open-market sale of common stock on 2026-05-20
Weighted average sale price
$29.13/share
Average price for 10,000 shares sold
Post-transaction holdings
151,030 shares
CFO’s direct common stock holdings after sale
Price range of sales
$28.59–$29.50/share
Range for multiple sale transactions included in Form 4
Key Terms
weighted average sale price, open-market sale, Form 4, Common Stock
4 terms
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
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.
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.
FAQ
What insider transaction did Everspin (MRAM) report for its CFO?
Everspin Technologies reported that CFO William Earl Cooper sold 10,000 shares of common stock in an open-market transaction. The sale was disclosed on Form 4 and reflects a routine portfolio move while he continues to hold a substantial remaining position in the company.
Was the Everspin (MRAM) CFO sale a single trade or multiple trades?
The filing states the sale price is a weighted average because the 10,000 shares were sold in multiple transactions. These trades occurred at prices ranging between $28.59 and $29.50 per share, producing the reported weighted average sale price of $29.13.
What does a weighted average sale price mean in the Everspin (MRAM) Form 4?
A weighted average sale price means the reported $29.13 combines several individual trades at different prices into one blended figure. The insider notes that detailed information on the number of shares sold at each price within the $28.59–$29.50 range is available upon request.