Form 4: Micron CEO Sanjay Mehrotra Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
Micron Technology Inc.'s President and CEO, Sanjay Mehrotra, reported a disposition of 9,527 common stock shares valued at $118.61 per share to cover tax withholding obligations related to vested awards.
Summary
- Sanjay Mehrotra, President and CEO and Director of Micron Technology Inc. (MU), filed a Form 4.
- On July 15, 2025, 9,527 shares of common stock were disposed of at a price of $118.61 per share.
- This disposition was for the purpose of satisfying tax withholding obligations associated with the vesting of previously granted equity awards.
- Following this transaction, Mr. Mehrotra directly beneficially owns 370,148 shares of common stock.
- Additionally, Mr. Mehrotra indirectly beneficially owns 675,000 shares through Grantor Retained Annuity Trusts (GRATs) for the benefit of himself and his family.
Sentiment
Score: 5
Explanation: Neutral. The filing reports a routine, non-discretionary transaction for tax purposes related to equity compensation, which is a common occurrence for executives.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Sanjay Mehrotra indirectly holds 675,000 shares through Grantor Retained Annuity Trusts (GRATs), which are for the benefit of himself and his family, constituting a related party arrangement.
Stakeholder Impact
- Minimal direct impact on shareholders as this is a routine, non-discretionary transaction for tax purposes.
- No direct impact on employees, customers, suppliers, or creditors mentioned.
Key Dates
| Date | Description |
|---|---|
| 07/15/2025 | Date of transaction for disposition of common stock shares. |
| 07/17/2025 | Date the Form 4 was signed and filed. |
Keywords
Micron Technology Inc., MU, Sanjay Mehrotra, Form 4, SEC Filing, Insider Transaction, Stock Disposition, Tax Withholding, Equity Awards, CEO, Director, GRAT
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