Everspin Technologies, Inc. filings document the public-company disclosures of a Delaware semiconductor issuer that develops and manufactures MRAM persistent memory solutions. Recent 8-K reports cover quarterly and annual operating results, MRAM product sales, licensing and royalty revenue, and material agreements related to foundry services, on-shore manufacturing capacity, Toggle MRAM process technology, engineering services, and U.S. government-related microelectronics programs.
The company’s proxy materials describe annual stockholder voting matters, director elections, executive compensation, equity awards and governance practices. Other event filings disclose patent-related proceedings involving STT-MRAM products, while distinguishing the company’s Toggle MRAM products and sensor devices. Together, the filings record Everspin’s operating results, contractual manufacturing arrangements, intellectual-property matters, capital structure and corporate governance obligations.
EVERSPIN TECHNOLOGIES INC. President and CEO Sanjeev Aggarwal reported a large equity grant and a small share sale. On March 31, 2026, he acquired 310,825 shares of Common Stock as restricted stock units that vest in sixteen equal quarterly installments over four years, with a vesting commencement date of January 1, 2026. On April 1, 2026, he sold 19,440 shares of Common Stock at $9.20 per share, and the sale was made solely to pay taxes due upon the vesting of RSUs. After these transactions, he directly held 847,881 shares of Common Stock.
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.
Dougherty Sean Michael reported acquisition or exercise transactions in this Form 4 filing.
Everspin Technologies Vice President of Sales Sean Michael Dougherty received a grant of 18,006 shares of common stock on March 31, 2026 as a restricted stock unit award. These units vest in sixteen equal quarterly installments over four years, starting April 1, 2026. Following this compensation grant, he directly holds 98,006 shares of common stock.
Everspin Technologies director Lawrence G. Finch reported an acquisition of 1,502 shares of Common Stock as a fully vested restricted stock unit award. The grant was recorded at a price of $0.00 per share as compensation, not as an open‑market purchase or sale.
Following this award, Finch directly holds 436,036 shares of Common Stock and also has indirect ownership of 41,961 shares held by the Lawrence G. and Janice C. Finch Revocable Trust, where he serves as trustee.
Everspin Technologies develops and sells magnetoresistive RAM (MRAM) and TMR sensors for industrial, automotive, aerospace, medical and data center uses, combining its own Chandler, Arizona fab with outsourced production at GLOBALFOUNDRIES. It also licenses MRAM and sensor IP and provides foundry services.
For the year ended December 31, 2025, revenue was $55.2 million, up from $50.4 million in 2024, with gross margin of 51.2% versus 51.8% a year earlier. Results moved from $0.8 million net income in 2024 to a modest $0.6 million net loss in 2025 as the company continued investing in STT‑MRAM and higher-density products.
Everspin Technologies reported preliminary unaudited results showing steady growth in 2025 revenue but weaker earnings. Fourth quarter 2025 revenue rose to $14.8 million from $13.2 million a year earlier, with MRAM product sales up to $13.5 million. GAAP net income for the quarter was $1.2 million, or $0.05 per diluted share, matching the prior-year EPS, while non-GAAP net income was $2.6 million versus $2.8 million.
For full year 2025, revenue increased to $55.2 million from $50.4 million, but the company moved to a GAAP net loss of $0.6 million, or $(0.03) per diluted share, compared to net income of $0.8 million in 2024; non-GAAP net income declined to $5.2 million from $7.5 million. Everspin reported cash and cash equivalents of $44.5 million as of December 31, 2025 and 238 design wins in 2025, up from 178 in 2024. For first quarter 2026, it expects revenue between $14.0 million and $15.0 million, GAAP net loss per diluted share between $(0.03) and net income of $0.02, and non-GAAP diluted EPS between $0.07 and $0.12.
Everspin Technologies President and CEO Sanjeev Aggarwal, who is also a director, reported exercising fully vested employee stock options on February 4, 2026. He converted options into 834 shares of common stock at an exercise price of $9.12 per share and another 6,250 shares at $6.35 per share.
Following these option exercises, Aggarwal directly beneficially owned 556,496 shares of Everspin Technologies common stock.
Everspin Technologies Chief Financial Officer William Earl Cooper reported a routine insider sale of company stock. On January 7, 2026, he sold 6,807 shares of Everspin common stock at a price of $12.06 per share, a transaction coded as a sale. After this trade, he beneficially owned 93,193 shares of common stock directly.
The filing notes that the shares were sold solely to pay taxes due upon the vesting of Restricted Stock Units. This indicates the transaction was connected to equity compensation rather than a discretionary sale of his broader holdings.
Everspin Technologies (MRAM) director Form 4 filing reports a sale of company stock by a board member. On 11/25/2025, the reporting person sold 7,500 shares of Everspin Technologies common stock in an open-market transaction at a weighted average price of $7.70 per share, with individual trade prices ranging from $7.65 to $7.75 per share.
After this transaction, the director beneficially owns 80,614 shares of Everspin common stock, held directly. The filer has stated a willingness to provide detailed breakdowns of the number of shares sold at each separate price within the reported trading range upon request.