4/A: Everspin Technologies CFO Sells Shares for Tax Purposes

Everspin Technologies CFO William Earl Cooper has filed an amended Form 4 detailing the sale of 1,821 shares of common stock for $19.65 per share to cover tax obligations related to vested Restricted Stock Units.

Summary

• William Earl Cooper, Chief Financial Officer of Everspin Technologies Inc., has filed an amended Form 4 to correct previous reporting errors.
• The filing details the sale of 1,821 shares of common stock on July 6, 2026.
• The shares were sold at a price of $19.65 per share.
• The purpose of the sale was to cover taxes due upon the vesting of Restricted Stock Units.
• Following the transaction, Mr. Cooper beneficially owns 149,131 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the share sale is attributed to tax obligations rather than a lack of confidence in the company's prospects.

Negatives

• The CFO sold shares, which could be perceived negatively by the market, although the stated reason is tax payment.

Future Outlook

No forward-looking statements or guidance are present in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The sale of shares by a CFO, even for tax purposes, is a common event that investors monitor for potential signals about management's confidence in the company's stock.

Stakeholder Impact

• Shareholders may note the insider sale, though the tax-related reason mitigates significant concern.
• The company's stock price may experience minor fluctuations due to the sale, but the impact is likely limited given the stated purpose.

Key Dates

Keywords

Everspin Technologies, MRAM, Form 4, Insider Trading, Stock Sale, CFO, Restricted Stock Units, Tax Payment