Form 4: Everspin Technologies VP of Sales Sells 5,000 Shares

David Schrenk, VP of Sales & Business Development at Everspin Technologies, sold 5,000 shares of common stock on March 5, 2024.

Summary

• On March 5, 2024, David Schrenk, the VP of Sales & Business Development at Everspin Technologies, sold 5,000 shares of the company's common stock.
• The sale was executed at a weighted-average price of $8.03 per share, with individual sales prices ranging from $8.00 to $8.11.
• Following the transaction, Schrenk directly owns 115,767 shares of Everspin Technologies.
• The transaction was reported on a Form 4 filing with the SEC on March 6, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some investors, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.

Key Dates