secwatch.observer — SEC 8-K summary
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Issuer:     EVERSPIN TECHNOLOGIES INC. (MRAM)
CIK:        0001438423
Form:       8-K
Filed at:   2026-08-11T23:45:50+00:00
Accession:  0001628280-26-055897
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Everspin appoints Vikas Choudhary to board; $250K RSU grant
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- Vikas Choudhary appointed director effective Aug 9, 2026; term through 2027 annual meeting.
- Choudhary is SVP & GM of Connectivity and Storage at MaxLinear since Apr 2024.
- Initial RSU award of $250,000, vesting 50% on each of first two anniversaries.
- Annual cash retainer of $55,000 for board service; standard indemnification agreement.
- No material interest in transactions per Item 404(a); no arrangement for selection.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1438423/000162828026055897/0001628280-26-055897-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1438423/000162828026055897/mram-20260809.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-055897

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer