Form 4: Everspin Technologies Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Tara Long was granted 3,852 restricted stock units in Everspin Technologies, vesting monthly over one year.
Summary
- Director Tara Long acquired 3,852 shares of Everspin Technologies (MRAM) common stock via a restricted stock unit (RSU) grant.
- The transaction occurred on May 21, 2026.
- The shares were granted at a price of $0, representing equity compensation.
- Following this transaction, the director's total beneficial ownership is 84,466 shares.
- The RSUs vest in 12 equal monthly installments starting from the grant date.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
Negatives
- None identified.
Risks
- Standard market risks associated with equity holdings in the semiconductor industry.
Future Outlook
The RSUs vest in 12 equal monthly installments over one year, indicating a standard retention-based equity structure.
Industry Context
StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to align leadership incentives with long-term shareholder value in the technology sector.
Comparison to Industry Standards
- The grant of restricted stock units is consistent with standard executive and director compensation practices for small-cap technology firms.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation event.
Next Steps
- Vesting of the 3,852 restricted stock units in 12 equal monthly installments.
Key Dates
| Date | Description |
|---|---|
| 05/21/2026 | Date of RSU grant and earliest transaction. |
| 05/22/2026 | Date of filing. |
Keywords
Everspin Technologies, MRAM, Form 4, Insider Transaction, Equity Compensation, Semiconductor
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