Everspin (MRAM) Form 4: Director Finch Acquires 2,165 RSUs

Lawrence G. Finch, a director of Everspin Technologies, Inc. (MRAM), acquired 2,165 shares on 08/13/2025 through fully vested restricted stock units granted at no cash price.

Rhea-AI Filing Summary

Lawrence G. Finch, a director of Everspin Technologies, Inc. (MRAM), acquired 2,165 shares on 08/13/2025 through fully vested restricted stock units granted at no cash price. After the reported transaction Finch directly beneficially owns 433,005 shares and indirectly owns 41,961 shares held by the Lawrence G. and Janice C. Finch Revocable Trust, of which he is trustee. The Form 4 was filed individually and signed by an attorney-in-fact on 08/14/2025.

Positive

• Director received fully vested RSUs, converting to 2,165 common shares at no cash cost
• Direct beneficial ownership increased to 433,005 shares, showing continued insider stake
• Indirect ownership disclosed (41,961 shares held in the Lawrence G. and Janice C. Finch Revocable Trust), improving transparency

Negative

• None.

Insights

Financial Analyst

TL;DR: Director Finch received fully vested RSUs increasing his direct stake to 433,005 shares; transaction appears routine and non-cash.

The reported acquisition consists of 2,165 fully vested restricted stock units granted at a $0 price, which converted into common shares on 08/13/2025. This action raised the reporting persons direct beneficial ownership to 433,005 shares while 41,961 shares remain indirectly owned via a revocable trust. The filing was submitted by one reporting person and executed by an attorney-in-fact, indicating administrative processing of an equity award that vests immediately rather than an open-market purchase or sale.

Corporate Governance Expert

TL;DR: A director received vested equity reflecting compensation or award fulfillment; disclosure follows Section 16 requirements.

The Form 4 discloses a director-level reporting person receiving 2,165 fully vested RSUs on 08/13/2025, with indirect holdings noted in a revocable trust. The form is filed individually and signed by an attorney-in-fact, consistent with standard insider reporting practices. The filing does not indicate any sales, option exercises for cash, or amendments; it documents fulfillment of equity compensation obligations.

Insider Trade Summary

Grant/Award: 2,165 shares

Grant/Award 2 txns

Insider FINCH LAWRENCE G

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,165	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 433,005 shares (Direct); Common Stock — 41,961 shares (Indirect, See Footnote)

Footnotes (2)

1. F1. Represents fully vested restricted stock units.
2. F2. The shares are held by the Lawrence G. and Janice C. Finch Revocable Trust, of which the reporting person is trustee.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What transaction did Lawrence G. Finch report on the Form 4 for MRAM?

The Form 4 reports the acquisition of 2,165 fully vested restricted stock units on 08/13/2025, converted into common shares at a reported price of $0.

How many shares does Finch beneficially own after the transaction?

After the reported transaction Finch directly beneficially owns 433,005 shares and indirectly owns 41,961 shares via a revocable trust.

Was the Form 4 filed jointly or by a single reporting person?

The filing indicates it was submitted by one reporting person (individual filing).

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Cesare Suardi, Attorney-in-Fact for Lawrence G. Finch on 08/14/2025.

What is the nature of the indirect ownership disclosed on the Form 4?

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

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 08/14/2025 - 09:11 PM Learn about SEC filing dates

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 BOULEVARD, SUITE 130

(Street)

CHANDLER AZ 85226

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/13/2025		A(1)		2,165	A	$0	433,005	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

	/s/ Cesare Suardi, Attorney-in-Fact for Lawrence G. Finch	08/14/2025
	** 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.