Everspin Technologies, Inc

Day range

$12.32 – $13.12

Open

$12.83

Prev close

$12.59

Volume

294.41K

Market cap

$306.57M

Shares out

24.35M

P/E

—

P/S

4.91

P/B

4.19

P/FCF

—

ROE

-3.6%

ROA

-2.9%

Debt/Equity

0.01

Div yield

0.00%

As of Oct 23, 2026

• Executive compensation changeAug 12, 2026

  On August 10, 2026, Mr. Choudhary was granted an initial restricted stock unit ("RSU") award with a grant value of $250,000, which will vest 50% on each of the first and second anniversary from the date of grant. Upon completion of two years of service on the Board, Mr. Choudhary will be entitled to receive an annual RSU award in an amount to be determined by the Compensation Committee of the Board. Mr. Choudhary will also receive an annual cash retainer of $55,000 for his service on the Board.

• Director departureJul 17, 2026

  On July 14, 2026, Lawrence G. Finch notified Everspin Technologies, Inc. (the "Company") of his resignation from the Company's board of directors (the "Board"), including as a member of the Board's audit committee, effective August 4, 2026. Mr. Finch's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.

• Annual meeting resultsMay 22, 2026

  On May 21, 2026, Everspin held the Annual Meeting. The following is a brief description of each matter voted upon at the Annual Meeting, as well as the final tally of the number of votes cast: (a) for or withheld with respect to the election of directors; (b) for, against or abstain for the ratification of the appointment of Ernst & Young LLP as Everspin's independent registered public accounting firm for the fiscal year ending December 31, 2026; (c) for, against or abstain for the approval, on an advisory basis, of the compensation of Everspin's named executive officers, commonly known as a 'say-on-pay' proposal; and (d) for, against or abstain for the approval of the amendment and restatement of the Everspin Technologies, Inc. Amended and Restated 2016 Equity Incentive Plan.

• Significant contract awardApr 29, 2026

  On April 24, 2026, Everspin Technologies, Inc. (the "Company") and Amentum Services Inc. ("Contractor") entered into Subcontract Number S26-03-01 and a Statement of Work (collectively, the "Agreement"), structured as an IDIQ Subcontract with Firm Fixed Price Task Orders, in connection with the Microelectronics Research, Development, Test, and Evaluation ("RDT&E") program under Prime Contract Number FA8075-18-D-0014 issued by Naval Surface Warfare Center, Crane Division ("NSWC Crane") to Contractor. Pursuant to the Agreement, milestone payments are structured across two phases over a 30-month period of performance from April 20, 2026 through November 21, 2028, with payments triggered upon completion of each milestone deliverable, for a total aggregate value of $40,000,000.

• Supply or distribution agreementApr 10, 2026

  On April 8, 2026, Everspin Technologies, Inc. (the "Company") and Microchip Technology ("Microchip") entered into a Foundry Services Agreement (the "Agreement"). Under the Agreement, Microchip will manufacture 8-inch Magnetoresistive Random Access Memory ("MRAM"), Tunnel Magnetoresistive ("TMR") sensor, and Spin-transfer Torque ("STT") MRAM wafers for the Company at Microchip's Fab 4 facility located in Gresham, Oregon. The Agreement has an initial term of ten (10) years from the effective date and will automatically renew for additional two (2) year periods unless either party provides at least two (2) years' prior written notice of its intent not to renew.

Days to cover

3.5

Short interest

3.35M

Avg volume

950.55K

As of Sep 30, 2026 · reported to FINRA twice monthly.

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