Director at Everspin (NASDAQ: MRAM) sells 27,488 company shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EVERSPIN TECHNOLOGIES INC. director Geoffrey G. Ribar reported an open-market sale of common stock. On May 20, 2026, he sold 27,488 shares at a weighted average price of $28.87 per share, in multiple trades ranging from $28.42 to $29.385. After this transaction, he directly holds 94,063 shares of Everspin common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 27,488 shares ($793,579)
Net Sell
1 txn
Insider
RIBAR GEOFFREY G
Role
null
Sold
27,488 shs ($794K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 27,488 | $28.87 | $794K |
Holdings After Transaction:
Common Stock — 94,063 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 27,488 shares
Weighted average sale price: $28.87 per share
Post-transaction holdings: 94,063 shares
+2 more
5 metrics
Shares sold
27,488 shares
Open-market sale of common stock on May 20, 2026
Weighted average sale price
$28.87 per share
Average price across multiple sale transactions
Post-transaction holdings
94,063 shares
Common stock directly held after the sale
Sale price range
$28.42–$29.385 per share
Prices of individual trades within the reported sale
Net shares sold
27,488 shares
Net-sell direction in transaction summary
Key Terms
weighted average sale price, open-market sale, non-derivative, Securities and Exchange Commission
4 terms
weighted average sale price financial
"The reported price in Column 4 is a weighted average sale price."
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
""transaction_type": "non-derivative""
Securities and Exchange Commission regulatory
"staff of the Securities and Exchange Commission, upon request"
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.
FAQ
What insider transaction did EVERSPIN TECHNOLOGIES (MRAM) report on this Form 4?
EVERSPIN TECHNOLOGIES reported that director Geoffrey G. Ribar sold 27,488 shares of common stock. The transaction was an open-market sale, meaning shares were sold on the public market rather than via a private agreement, and it reduced his direct holdings.
What does the weighted average sale price mean in the EVERSPIN (MRAM) Form 4?
The weighted average sale price of $28.87 means multiple trades executed at different prices were combined into a single average. Actual sale prices ranged between $28.42 and $29.385 per share, as disclosed, and detailed breakdowns are available on request.
Was the EVERSPIN (MRAM) insider transaction a buy or a sell?
The EVERSPIN TECHNOLOGIES insider transaction was a sale. The Form 4 lists transaction code "S" and describes it as an open-market sale, indicating Geoffrey G. Ribar disposed of 27,488 common shares rather than acquiring additional stock.