Form 4: Everspin CFO Sells Shares for Tax Purposes

Everspin Technologies CFO William Earl Cooper sold 1,549 shares of common stock on July 1, 2026, to cover taxes related to vested Restricted Stock Units.

Summary

• William Earl Cooper, Chief Financial Officer of Everspin Technologies Inc., reported a transaction on July 1, 2026.
• He sold 1,549 shares of common stock at a price of $22.34 per share.
• This sale was conducted to cover tax obligations arising from the vesting of Restricted Stock Units.
• Following this transaction, Mr. Cooper beneficially owns 149,481 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale is a routine transaction for tax purposes and not an indicator of management's confidence in the company's future performance.

Negatives

• The sale of shares by a key executive could be perceived negatively by the market, although it is for tax purposes.

Future Outlook

No specific future outlook or guidance is provided in this filing.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding are common events following the vesting of equity awards and are generally not indicative of a negative view on the company's future prospects, provided the volume is reasonable and the stated reason is tax-related.

Stakeholder Impact

• Shareholders: The sale is for tax purposes and does not represent a change in management's belief about the company's value, thus likely having minimal direct impact on share price.

Key Dates

Keywords

Everspin Technologies, MRAM, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Payment, William Earl Cooper, CFO