Form 4: Everspin Technologies Director Lawrence G. Finch Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Lawrence G. Finch, a director at Everspin Technologies, reported the acquisition and disposal of common stock, as well as holdings in a revocable trust.

Summary

  • On March 6, 2025, Lawrence G. Finch, a director of Everspin Technologies, reported changes in beneficial ownership of the company's stock.
  • The report details the acquisition of 2,546 shares of common stock at $0 and the disposal of 408,173 shares.
  • Following these transactions, Finch directly owns 408,173 shares of common stock.
  • Additionally, Finch indirectly owns 41,961 shares through the Lawrence G. and Janice C. Finch Revocable Trust, where he serves as trustee.
  • Finch has granted power of attorney to William Earl Cooper, Cesare Suardi, and Matt Hemington to execute Forms 3, 4, and 5 on his behalf.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. The sentiment is neither positive nor negative as it simply reports transactions.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.
  • It assures compliance with SEC regulations.

Key Dates

DateDescription
January 9, 2025Date of execution for the Power of Attorney.
March 6, 2025Date of the reported stock transactions (acquisition and disposal).

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