144 ·Filed May 11, 2026
Form 144 — notice of proposed sale of securities
Actionable Insight • Neutral
Routine director-level option exercise and sale. No immediate trading signal. Monitor for any cluster of insider selling ahead of next earnings report.
Final — all horizons settled through T+60d
MRAM ▼ -64.44% at T+60d
NEUTRAL call -64.44% · α vs SPY -68.82% · entry $44.01 → $15.65
T+1d
0.00%
call 0.00% · α -0.54%
$44.01
settled 6mo ago
T+5d
-24.22%
call -24.22% · α -24.30%
$33.35
settled 5mo ago
T+20d
-48.06%
call -48.06% · α -46.33%
$22.86
settled 5mo ago
T+60d
-64.44%
call -64.44% · α -68.82%
$15.65
settled 3mo ago
Price Chart
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Executive Summary
Director Darin G. Billerbeck filed a Form 144 to sell 30,000 MRAM shares (~$1.11M), acquired via stock option exercise. The sale represents a modest portion of his holdings and is routine for director-level option exercises. No material negative signal.
Key Facts
- Insider: Director Darin G. Billerbeck
- Shares to sell: 30,000 shares of common stock
- Estimated value: ~$1,114,788
- Shares acquired via stock option exercise on 2026-05-11
- Broker: Morgan Stanley Smith Barney LLC
- Sale intended on or after 2026-05-11
Financial Impact
~$1.11M sale by a director; represents a small fraction of outstanding shares (30K of ~23.4M shares outstanding)
dilutioninsider holdings
Risk Factors
- Insider selling may increase if stock continues recent strong performance
- Option exercise and sale pattern could repeat if more insiders follow
Market Snapshot
Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
88% bullish (8 analysts)
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-004365 |
| Document: 0001950047-26-004365-index.html | 0001950047-26-004365 |
| Document: 0001950047-26-004365.txt | 0001950047-26-004365 |
19 reports for MRAM
100% Hit rate @ T+20 Went positive at some point 8 of 8 best @ T+20▲ +258.78%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 5, 2026 21d ago | Insider Cluster | $17.76 | awaiting T+20 | — | $12.79 (−27.98%) |
Jul 8, 2026 15w ago | Insider Cluster | $18.14 $15.65 | ▼ −13.73% | ▼ −15.97% | $12.79 (−29.49%) |
Jul 6, 2026 16w ago | Insider Cluster | $17.68 $15.45 | ▼ −12.61% | ▼ −13.95% | $12.79 (−27.66%) |
Jun 11, 2026 19w ago | Institutional Cluster | $24.20 $18.14 | ▼ −25.04% | ▼ −26.93% | $12.79 (−47.15%) |
Jun 2, 2026 20w ago | Insider Cluster | $28.57 $19.14 | ▲ +33.01% | ▲ +32.01% | $12.79 (+55.23%) |
May 21, 2026 22w ago | Insider Cluster | $32.70 $21.10 | ▲ +35.47% | ▲ +33.53% | $12.79 (+60.89%) |
May 21, 2026 22w ago | Insider Cluster | $33.68 $24.04 | ▲ +28.64% | ▲ +27.22% | $12.79 (+62.02%) |
May 21, 2026 22w ago | Insider Cluster | $33.68 $24.04 | ▲ +28.64% | ▲ +27.22% | $12.79 (+62.02%) |
May 21, 2026 22w ago | Insider Cluster | $33.68 $24.04 | ▲ +28.64% | ▲ +27.22% | $12.79 (+62.02%) |
May 20, 2026 22w ago | 144 | $32.45 $25.56 | ▼ −21.23% | ▼ −21.57% | $12.79 (−60.59%) |
Showing 10 of 19
US Market Status
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