4/A: Everspin Technologies CEO Sanjeev Aggarwal Corrects Vesting Schedule in Amended SEC Filing
SEC Filing (Form 4/A Amendment)
Sanjeev Aggarwal, CEO of Everspin Technologies, files an amendment to a Form 4, correcting the vesting schedule of restricted stock units granted to him.
Summary
- Sanjeev Aggarwal, President and CEO of Everspin Technologies, filed an amended Form 4 with the SEC on February 26, 2025.
- The amendment corrects the vesting schedule of restricted stock units (RSUs) granted on February 24, 2025.
- The RSUs vest in sixteen equal quarterly installments over four years, commencing on January 1, 2025.
- The original filing was made on February 25, 2025.
- Aggarwal directly owns 689,970 shares of Everspin Technologies common stock following the reported transaction.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't contain any information that would significantly impact investor sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| January 9, 2025 | Date of Power of Attorney execution. |
| January 1, 2025 | Vesting commencement date for restricted stock units. |
| February 24, 2025 | Date of restricted stock units grant. |
| February 25, 2025 | Date of original Form 4 filing. |
| February 26, 2025 | Date of amended Form 4/A filing. |
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