Everspin Technologies Executive Compensation (FY25)
MRAM · Executive and director compensation, fiscal 2024 to 2025
The paid brief on Everspin Technologies
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
Data as of September 7, 2026Latest filing (8-K): May 22, 2026
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
$1,500Get the executive brief
94 figures on this page: 89 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
This company is not required to report a chief executive pay ratio.
More on Everspin Technologies
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Sanjeev Aggarwal: $3,022,589 → $2,586,384 (14.4% lower)
Say-on-pay support: 84.6% → 98.0% (13.4 points higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Everspin Technologies' chief executive and what were they paid?
Sanjeev Aggarwal, President and Chief Executive Officer, received $2,586,384 in total compensation for fiscal 2025. Aggarwal's total was 14.4% lower than the $3,022,589 reported for fiscal 2024.
What was Everspin Technologies' say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 98.0% of votes cast for or against in favor at the meeting held May 21, 2026.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjeev Aggarwal President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Anuj Aggarwal Former Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
David Schrenk Vice President of Sales and Business Development | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Matthew Tenorio Former Interim Chief Financial Officer Departed during or after this year Served on an interim basis | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Sanjeev Aggarwal President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
William Cooper Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Sean Dougherty Vice President of Sales | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Sanjeev Aggarwal | RSU | ◇ | — | — | — | — | — | ◇ |
| Sean Dougherty | RSU | ◇ | — | — | — | — | — | ◇ |
| William Cooper | RSU | ◇ | — | — | — | — | — | ◇ |
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Sanjeev Aggarwal | Option | ◇ | — | ◇ | — |
| RSU | ◇ | ◇ | — | — | |
| William Cooper | RSU | ◇ | ◇ | — | — |
| Sean Dougherty | RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Darin G. Billerbeck | ◇ | ◇ | — | — | — | — | ◇ |
Geoffrey Ribar | ◇ | ◇ | — | — | — | — | ◇ |
Glen Hawk | ◇ | ◇ | — | — | — | — | ◇ |
Tara Long Lead independent director | ◇ | ◇ | — | — | — | — | ◇ |
Lawrence G. Finch | ◇ | ◇ | — | — | — | — | ◇ |
Douglas Mitchell | ◇ | — | — | — | — | — | ◇ |
Sanjeev Aggarwal served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Audit committee chair | ◇ |
| Compensation committee chair | ◇ |
| Nominating and governance chair | ◇ |
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | May 21, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 22, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 23, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 23, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | May 25, 2022 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Everspin Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
94 figures on this page: 89 cited to the filing that reported them, 5 calculated from figures it prints.
89 cited to the filing
5 calculated from the filing
Documents cited
- 0001628280-26-037780
- 0001628280-26-0240762025 Outstanding Equity Awards at Fiscal Year-End · EXECUTIVE COMPENSATION · Non-Employee Director Compensation · Summary Compensation Table · and 1 more section
- 0001104659-25-052962
- 0001558370-25-004550Summary Compensation Table
- 0001104659-24-065564
- 0001104659-23-064640Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-22-065887
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Everspin Technologies executive compensation, FY2024–FY2025.” https://intel.velarion.ai/comp/MRAM (accessed 2026).
Short form: data: Velarion
The paid brief for Everspin Technologies
Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$1,500 for the Executive Compensation Report. Both reports for $2,400.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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The headline figures, each with its citation.
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}