Director Vikas Choudhary filed a Form 4 with the SEC on August 12, 2026, disclosing the acquisition of restricted stock units in Everspin Technologies Inc. (NASDAQ:MRAM) on August 10, 2026.

Key Highlights

  • Reporting person: Vikas Choudhary, identified as a Director of Everspin Technologies Inc.
  • Grant date: August 10, 2026, with the transaction coded as an acquisition (A).
  • Shares acquired: 15,693 restricted stock units received at a price of $0.
  • Vesting schedule: 50% vest on August 10, 2027, and the remaining 50% vest on August 10, 2028.
  • Resulting ownership: 15,693 shares of common stock beneficially owned directly following the transaction.

Everspin Technologies Director RSU Award Details

According to the filing, Vikas Choudhary, a director of Everspin Technologies Inc. (NASDAQ:MRAM), acquired 15,693 restricted stock units on August 10, 2026. The transaction was reported under Table I as a non-derivative securities acquisition, coded "A," at a price of $0, consistent with a grant rather than a market purchase. Following the reported transaction, Choudhary directly beneficially owns 15,693 shares of common stock.

The filing's footnote states that the restricted stock units "vest 50% on August 10, 2027 and 50% on August 10, 2028." No derivative securities were reported in Table II. The Form 4 was signed on August 12, 2026, by Cesare Suardi as attorney-in-fact for Vikas Choudhary, and was filed as a single reporting person disclosure with no indication of amendment.

What Was Disclosed

The filing discloses the grant of 15,693 restricted stock units to Everspin Technologies director Vikas Choudhary on August 10, 2026, at no cost, with vesting in two equal installments in 2027 and 2028, resulting in direct beneficial ownership of 15,693 shares.