MRAM (MRAM) CFO awarded 80,386 RSUs and sells 1,549 shares for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

EVERSPIN TECHNOLOGIES INC. Chief Financial Officer William Earl Cooper reported routine equity compensation and related tax-selling activity. He received 80,386 restricted stock units on March 31, 2026, vesting in sixteen equal quarterly installments over four years starting January 1, 2026. To cover taxes due upon this RSU vesting, he sold 1,549 shares of common stock at $9.20 per share. After these transactions, he held 172,030 shares of common stock directly.

Insider Trade Summary

Net Seller: 1,549 shares ($14,251)

Net Sell 2 txns

Insider Cooper William Earl

Role Chief Financial Officer

Sold 1,549 shs ($14K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,549	$9.20	$14K
Grant/Award	Common Stock	80,386	$0.00	--

Holdings After Transaction: Common Stock — 172,030 shares (Direct)

Footnotes (1)

Represents restricted stock units ("RSUs") granted on March 31, 2026, which vest in sixteen equal quarterly installments over four years with a vesting commencement date of January 1, 2026. Shares sold solely to pay taxes due upon the vesting of RSUs.

Key Figures

RSUs granted: 80,386 units RSU vesting schedule: 16 quarterly installments over 4 years Shares sold: 1,549 shares +2 more

5 metrics

RSUs granted 80,386 units Restricted stock units granted March 31, 2026

RSU vesting schedule 16 quarterly installments over 4 years Vesting commences January 1, 2026

Shares sold 1,549 shares Common stock sold to pay RSU-related taxes

Sale price $9.20 per share Open-market sale of 1,549 common shares

Holdings after transactions 172,030 shares Common stock directly owned following transactions

Key Terms

restricted stock units ("RSUs"), vest in sixteen equal quarterly installments, vesting commencement date, Sale in open market or private transaction, +1 more

5 terms

restricted stock units ("RSUs") financial

"Represents restricted stock units ("RSUs") granted on March 31, 2026, which vest"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

vest in sixteen equal quarterly installments financial

"which vest in sixteen equal quarterly installments over four years"

vesting commencement date financial

"over four years with a vesting commencement date of January 1, 2026."

The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.

Sale in open market or private transaction financial

"transaction_code_description": "Sale in open market or private transaction""

Grant, award, or other acquisition financial

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

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:29 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^*

Cooper William Earl

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		A		80,386⁽¹⁾	A	$0	173,579	D
Common Stock	04/01/2026		S⁽²⁾		1,549	D	$9.2	172,030	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)
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 restricted stock units ("RSUs") granted on March 31, 2026, which vest in sixteen equal quarterly installments over four years with a vesting commencement date of January 1, 2026.

2. Shares sold solely to pay taxes due upon the vesting of RSUs.

Remarks:

	/s/ Cesare Suardi, Attorney-in-Fact for William Cooper	04/02/2026
	** 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 transactions did MRAM CFO William Earl Cooper report?

MRAM CFO William Earl Cooper reported two transactions: a grant of 80,386 restricted stock units on March 31, 2026, and a sale of 1,549 common shares at $9.20 per share, executed solely to pay taxes triggered by RSU vesting.

How many MRAM shares does the CFO hold after these Form 4 transactions?

After the reported transactions, MRAM CFO William Earl Cooper directly holds 172,030 shares of common stock. This reflects the impact of both the 80,386 RSU grant and the 1,549-share sale executed to cover tax obligations on RSU vesting.

What are the terms of the MRAM RSUs granted to the CFO?

The CFO received 80,386 MRAM restricted stock units on March 31, 2026. These RSUs vest in sixteen equal quarterly installments over four years, with a vesting commencement date of January 1, 2026, creating a long-term, time-based equity compensation schedule.

Why did the MRAM CFO sell 1,549 shares of common stock?

The MRAM CFO sold 1,549 shares of common stock at $9.20 per share solely to pay taxes due upon the vesting of restricted stock units. This type of tax-related disposition is a routine administrative transaction rather than a discretionary sale for portfolio reasons.

Is the MRAM CFO’s RSU grant a cash transaction?

The RSU grant to the MRAM CFO was not a cash purchase. He acquired 80,386 restricted stock units as a compensation award at a stated price of $0.00 per unit, to vest over four years beginning January 1, 2026, subject to the vesting schedule.