CEO Sanjeev Aggarwal Sells $3.68M in Stock Following Option Exercises
MRAM has more than doubled off its 52-week low of $5.49 on elevated volume (2.0× avg).
Summary
Everspin Technologies' CEO, Sanjeev Aggarwal, sold $3.68 million worth of company stock after exercising options, marking a notable reduction in his direct ownership.
Key Events · Ownership and Investor Activity · MRAM
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CEO Sells $3.68 Million in Stock
Sanjeev Aggarwal, President and CEO, sold 110,976 shares of common stock for a total of $3,684,531.28 in open market transactions between May 15 and May 18, 2026.
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Option Exercise Preceded Sales
The sales followed the exercise of options to acquire 110,976 shares for $879,761.22, indicating a 'sell-to-cover' or liquidation strategy rather than an open-market purchase.
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Significant Insider Disposition
This transaction represents a substantial disposition by a key executive, accounting for 0.614% of the company's market capitalization, and follows recent Form 144 filings indicating an intent to sell.
Analysis · MRAM · Manufacturing
Sanjeev Aggarwal, the President and CEO of Everspin Technologies, executed a significant sale of company stock totaling over $3.68 million. This transaction involved exercising options and immediately selling the acquired shares, representing a substantial disposition of his holdings. This follows recent Form 144 filings indicating an intent to sell, confirming the actual liquidation of shares by a key executive.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 41.4% of the 324 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.38%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MRAM was trading at $31.60 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $743.8M. The 52-week trading range was $5.49 to $51.50. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.