Form 4: Everspin Technologies CFO William Earl Cooper Acquires 100,000 Shares of Common Stock
SEC Form 4 Filing
William Earl Cooper, CFO of Everspin Technologies, acquired 100,000 shares of common stock on February 24, 2025, through restricted stock units.
Summary
- On February 24, 2025, William Earl Cooper, the Chief Financial Officer of Everspin Technologies, acquired 100,000 shares of common stock.
- The acquisition was in the form of restricted stock units.
- These restricted stock units vest in four equal annual installments over four years, starting from a vesting commencement date of January 6, 2025.
- The price per share was $0.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard Form 4 filing related to executive compensation. The acquisition of shares by the CFO could be seen as a positive sign, but it's not a major market-moving event.
Positives
- The acquisition of shares by a key executive like the CFO can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The acquisition of shares by the CFO could positively influence shareholder sentiment, as it signals confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| January 6, 2025 | Vesting commencement date for the restricted stock units. |
| February 24, 2025 | Date of transaction: William Earl Cooper acquired 100,000 shares of common stock. |
| February 25, 2025 | Date of signature on the Form 4 filing. |
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