Form 4: Everspin Technologies Director Darin G. Billerbeck Reports Stock Transactions
SEC Form 4 Filing
Director Darin G. Billerbeck reported the acquisition of restricted stock units and the disposal of common stock.
Summary
- On May 23, 2024, Darin G. Billerbeck, a director of Everspin Technologies, acquired 20,973 restricted stock units.
- These restricted stock units vest in 12 equal monthly installments over one year, commencing on May 23, 2024.
- On the same day, Billerbeck disposed of 20,973 shares of common stock.
- Following these transactions, Billerbeck beneficially owns 103,748 shares of Everspin Technologies.
- The acquisition of restricted stock units was priced at $0.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock transactions of a company director.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of earliest transaction: Acquisition of restricted stock units and disposal of common stock. |
| 05/23/2024 | Vesting commencing date for restricted stock units. |
| 07/25/2024 | Date of signature for the report. |
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