Form 4: Micron CEO Sells Shares Under 10b5-1 Plan

Micron Technology's President and CEO, Sanjay Mehrotra, reported the sale of 22,500 shares and a gift of 5,000 shares of common stock.

Summary

• Sanjay Mehrotra, President and CEO of Micron Technology Inc., reported transactions involving the company's common stock.
• He sold a total of 22,500 shares on October 27, 2025, through multiple transactions at weighted average prices ranging from $220.17 to $224.69 per share.
• These sales were executed under a Rule 10b5-1 trading plan adopted on August 8, 2024.
• Additionally, he gifted 5,000 shares of common stock on October 27, 2025, at a price of $0.00.
• Following these transactions, his direct beneficial ownership stands at 441,578 shares, and indirect beneficial ownership through a Grantor Retained Annuity Trust (GRAT) is 675,000 shares.

Sentiment

Score: 5

Explanation: Neutral. The filing reports routine insider transactions (sales and a gift) executed under a pre-arranged 10b5-1 plan, which typically has a neutral impact as it's not based on new, non-public information.

Negatives

• The CEO sold 22,500 shares of common stock, which, while pre-planned, can sometimes be perceived negatively by the market.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may note the insider sales, though the pre-planned nature under Rule 10b5-1 typically mitigates concerns about management confidence.

Key Dates

Recommendation

The filing details routine insider stock sales and a gift by the CEO under a pre-arranged 10b5-1 trading plan. Such transactions are generally not indicative of a change in the company's fundamental outlook or performance, and therefore do not warrant a change from a 'hold' recommendation based solely on this report.

Keywords

Micron Technology, MU, Sanjay Mehrotra, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, CEO, Common Stock, Beneficial Ownership