Director Sells $793K in Open Market Stock
MRAM has more than doubled off its 52-week low of $5.49.
Summary
A director at Everspin Technologies sold $793,579 worth of common stock in an open market transaction, reducing his direct ownership.
Key Events · Ownership and Investor Activity · MRAM
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Director Sells Shares
Geoffrey G. Ribar, a Director, disposed of 27,488 shares of common stock in an open market sale on May 20, 2026, for a total value of $793,579 at a weighted average price of $28.87 per share.
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Reduced Holdings
Following the transaction, Mr. Ribar's direct holdings in Everspin Technologies decreased to 94,063 shares.
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Part of Broader Insider Sales
This sale follows a pattern of insider distribution, with over $7.9 million in net insider sales (excluding options/tax sales) reported in the last 90 days, including a recent $3.68 million sale by the CEO.
Analysis · MRAM · Manufacturing
Geoffrey G. Ribar, a Director at Everspin Technologies, sold a significant portion of his direct holdings. This open market sale, valued at nearly $800,000, contributes to a broader pattern of insider distribution observed over the past 90 days, following recent sales by the CEO.
How filings like this one have moved
In the 30 days to Oct 5, 2026, 29.2% of the 1498 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.63%. 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 $32.45 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $760.9M. 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.