Director Glen Hawk Sells $1.84 Million in Company Stock
MRAM has more than doubled off its 52-week low of $5.49 on elevated volume (2.1× avg).
Summary
Director Glen Hawk sold 48,563 shares of Everspin Technologies common stock for a total value of $1.84 million.
Key Events · Ownership and Investor Activity · MRAM
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Director Sells Significant Stake
Director Glen Hawk disposed of 48,563 shares of common stock in open market sales on May 15, 2026, totaling $1,843,109. This transaction represents 0.209% of the company's market capitalization.
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Adds to Recent Insider Selling Trend
This sale contributes to a pattern of insider distribution, with net sales of $2,090,125 by three active insiders over the past 90 days, including a $557,000 sale by the CEO on May 5, 2026.
Analysis · MRAM · Manufacturing
Director Glen Hawk's sale of over $1.84 million in common stock is a significant disposition, representing a notable portion of the company's market capitalization. This transaction adds to a recent trend of insider selling, with over $2 million in net sales by active insiders in the last 90 days, indicating a broader distribution signal from company leadership.
At the time of this filing, MRAM was trading at $37.20 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $880.9M. The 52-week trading range was $5.49 to $51.50. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.