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EdgarHawk

MRAM EVERSPIN TECHNOLOGIES INC. Insider Trading

Latest: Director Sold $8.5M of Shares · May 2026
5 filings analyzed · Latest 2026-06-02
Insider buys
0
Insider sells
5
Unique insiders
4
Direction
Net selling
June 2026
2026-06-02
high
Lawrence G Finch Sell
310,091 shares
$8,517,727
@ $27.47
Significance 7/10

Director Lawrence G Finch sold 310,091 shares (64.3% of holdings) across 3 transactions for $8,517,726.69

Lawrence G Finch, Director of Everspin Technologies, executed 3 separate sales totaling 310,091 shares for $8,517,726.69, reducing his post-transaction holdings to 172,395 shares (a -64.3% reduction from pre-transaction holdings of 482,486 shares). The sales occurred at blended average price of $27.47, while the current stock price is $30.11. The company's fundamentals show recent quarterly revenue of $14,872,000.00 with net income of -$296,000.00, and full-year net income was negative, reflecting unprofitability. The stock has declined 41.5% from its 52-week high of $51.50 but is up 40.1% over the past 30 days and up 179.0% over the past 90 days, indicating significant recent momentum recovery. The substantial reduction in director holdings during this volatile recovery period merits investor attention to the underlying operational health.

May 2026
2026-05-19
high
Aggarwal Sanjeev Sell
President and CEO
110,976 shares
$3,684,531
@ $33.20
Significance 6/10

CEO Aggarwal sold 110,976 shares across 3 transactions for $3,684,531.28 (avg $33.20); current price $31.72, stock +156.4% in 30 days.

Aggarwal Sanjeev, President and CEO, executed 3 separate sales totaling 110,976 shares for $3,684,531.28 at prices ranging from $32.48 to $40.00, reducing his holdings by 11.9% to 819,422 shares. The stock has risen +156.4% over the past 30 days and +185.5% over 90 days, trading at $31.72, which is 38.4% below its 52-week high of $51.50. Fundamental metrics show the company is unprofitable with net income of $-296,000.00 on quarterly revenue of $14,872,000.00, though annual revenue growth stands at +9.5%. The transaction occurs in the context of recent sharp price appreciation from a 52-week low of $5.49, and the CEO's single prior same-ticker sale on 2026-05-04 also experienced positive 90-day returns, indicating that outcome did not precede a stock decline.

2026-05-15
high
Glen Hawk Sell
48,563 shares
$1,843,109
@ $37.95
Significance 6/10

Director Glen Hawk sold 48,563 shares (55.1% of holdings) for $1,843,109.15 on 2026-05-15

Glen Hawk, a director at Everspin Technologies, executed 4 separate sales totaling 48,563 shares for $1,843,109.15 at prices ranging from $37.10 to $39.97, reducing his holdings by 55.1% from 88,114 shares to 39,551 shares. The sale occurred at a blended average price of $37.95, near the current price of $37.57. The timing follows a dramatic 30-day rally of 218.1% and a 90-day surge of 240.6%, placing the stock at -27.0% from its 52-week high of $51.50. Despite the company's 9.5% annual revenue growth, Everspin remains unprofitable with negative net income of $-296,000.00 in the latest quarter and carries an extreme P/E of 3757.00, reflecting minimal earnings on which to value the stock. This large reduction in director ownership by a substantial shareholder warrants investor scrutiny of the board's confidence in near-term prospects.

2026-05-13
low
Billerbeck Darin G Sell
30,000 shares
$1,114,800
@ $37.16
Significance 3/10

Director Billerbeck exercises stock options and immediately sells entire position, netting $859K gain on same-day transaction.

Billerbeck Darin G, a director at Everspin, exercised 30,000 shares at $8.52 per share and sold the entire position the same day at $37.16, realizing a substantial gain. This exercise-and-sell pattern is a purely mechanical transaction: the director acquired shares only to immediately liquidate them, with no net change to holdings, suggesting this was a tax-efficient way to harvest gains from existing options rather than a reflection of confidence in the company's direction. The stock has surged dramatically over the past three months, rising well above its recent range, and trades well below its 52-week high—a backdrop consistent with option exercises at predetermined strike prices becoming profitable enough to exercise. The company remains unprofitable on a full-year basis, though recent quarterly results show revenue generation continuing; a board member executing and exiting options on the same trading day is typical option-plan mechanics rather than a bet on future company performance.

2026-05-05
medium
Aggarwal Sanjeev Sell
President and CEO
28,459 shares
$557,227
@ $19.58
Significance 5/10

CEO Sanjeev Aggarwal sells ~28,500 shares of MRAM for ~$557K, reducing stake by 3.4% amid unprofitable operations

Sanjeev Aggarwal, the President and CEO of Everspin Technologies, executed a material sale of approximately 28,500 shares for roughly $557,000, reducing his personal stake by 3.4%. The timing and context warrant investor attention: while the company is showing strong revenue expansion, it remains unprofitable with negative earnings in the latest reporting period. A CEO sale of this magnitude during a loss-making phase is noteworthy because it suggests either portfolio diversification needs rather than fundamental confidence, or possibly a signal that the insider views the current valuation as attractive for exiting a portion of his position. The combination of operational losses, continued cash burn, and C-level equity liquidation creates mixed signals that merit closer examination of whether management is genuinely confident in the company's path to profitability or managing personal financial priorities independent of company health.

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