State Street (MRAM holder) discloses 1.19M Everspin shares in 5.1% stake
Rhea-AI Filing Summary
State Street Corporation reported beneficial ownership of common stock of Everspin Technologies, Inc. (MRAM). State Street reported holding 1,194,781 shares of common stock, representing 5.1% of the class.
State Street reported 0 shares with sole voting and dispositive power. It reported 1,172,933 shares with shared voting power and 1,194,781 shares with shared dispositive power. The filing identifies SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and State Street Global Advisors Trust Company as relevant investment adviser subsidiaries.
Positive
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Key Figures
Beneficially owned shares: 1,194,781 shares
Percent of class: 5.1%
Shared voting power: 1,172,933 shares
+2 more
5 metrics
Beneficially owned shares
1,194,781 shares
Common stock of Everspin Technologies, Inc. reported by State Street Corporation
Percent of class
5.1%
Percentage of Everspin Technologies common stock class beneficially owned
Shared voting power
1,172,933 shares
Shares of Everspin Technologies with shared voting power
Shared dispositive power
1,194,781 shares
Shares of Everspin Technologies with shared dispositive power
Sole voting power
0 shares
Shares of Everspin Technologies with sole voting power
Key Terms
beneficially owned, shared voting power, dispositive power, Investment Company Act of 1940
4 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 1194781.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
dispositive power financial
"(iii) Sole power to dispose or to direct the disposition of: 0 | (iv) Shared power to dispose"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
Investment Company Act of 1940 regulatory
"A listing of the shareholders of an investment company registered under the Investment Company Act of 1940"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of Everspin Technologies (MRAM) does State Street Corporation report owning?
State Street Corporation reports beneficial ownership of 5.1% of the common stock of Everspin Technologies, Inc. This is based on 1,194,781 shares of MRAM common stock reported as beneficially owned in the Schedule 13G filing.
Which State Street entities are associated with the Everspin Technologies (MRAM) holdings?
The filing identifies SSGA Funds Management, Inc., State Street Global Advisors Europe Limited, and State Street Global Advisors Trust Company as the investment adviser subsidiaries associated with the reported Everspin Technologies share holdings.
Does State Street report any sole dispositive power over Everspin Technologies (MRAM) shares?
No. State Street reports 0 shares with sole dispositive power and 1,194,781 shares with shared dispositive power. This indicates that decisions to sell or otherwise dispose of the shares are made on a shared basis through its advisory entities.