Form 4: Everspin CFO William Cooper Sells 10,000 Shares
Insider Transaction Report
Everspin Technologies CFO William Cooper sold 10,000 shares of common stock at a weighted average price of $29.13.
Summary
- CFO William Cooper executed a sale of 10,000 shares of Everspin Technologies (MRAM) common stock.
- The transaction occurred on May 20, 2026.
- The shares were sold at a weighted average price of $29.13 per share, with individual transaction prices ranging from $28.59 to $29.50.
- Following this transaction, the reporting person retains beneficial ownership of 151,030 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it is a routine disclosure of an executive's personal financial transaction.
Positives
- The sale represents a partial liquidation of holdings, leaving a significant remaining stake of 151,030 shares.
Negatives
- Insider selling by a Chief Financial Officer can sometimes be perceived by the market as a lack of confidence in near-term price appreciation.
Risks
- Market volatility affecting the share price of MRAM.
- Potential negative investor sentiment resulting from executive stock sales.
Future Outlook
No forward-looking guidance or strategic outlook was provided in this filing.
Industry Context
StockSavvy.ai notes that insider selling by C-suite executives is a common occurrence for liquidity or personal financial planning and does not necessarily reflect a change in the company's fundamental business outlook.
Comparison to Industry Standards
- Executive stock sales are standard practice for portfolio diversification among public company officers.
- The volume sold (10,000 shares) is relatively small compared to the total outstanding shares of a typical technology firm.
Stakeholder Impact
- Minimal impact expected on shareholders as this is a standard regulatory disclosure of executive activity.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/20/2026 | Date of the reported stock sale transaction. |
| 05/21/2026 | Date the Form 4 was signed and filed. |
Keywords
Everspin Technologies, MRAM, Insider Trading, CFO, Form 4, Stock Sale
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