Form 4: Micron CEO Sells Shares Under Pre-Arranged Plan

Micron Technology CEO Sanjay Mehrotra sold 12,500 shares of common stock in early November 2025, executed under a Rule 10b5-1 trading plan.

Summary

• Sanjay Mehrotra, President and CEO, Director, and 10% Owner of Micron Technology Inc. (MU), reported sales of common stock.
• A total of 12,500 shares were sold across multiple transactions on November 6, 2025, and November 7, 2025.
• The sales on November 6, 2025, included 4,562 shares at a weighted average price of $240.42, 2,437 shares at $241.35, 382 shares at $242.14, 1,055 shares at $243.75, and 321 shares at $245.55.
• The sales on November 7, 2025, included 296 shares at a weighted average price of $227.72, 323 shares at $229.07, 580 shares at $230.57, 128 shares at $231.21, 304 shares at $232.87, 910 shares at $234.34, 511 shares at $235.84, 196 shares at $236.62, 349 shares at $237.82, and 146 shares at $239.14.
• These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 8, 2024.
• Following these transactions, Sanjay Mehrotra directly beneficially owns 396,578 shares of common stock.
• Additionally, Sanjay 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: The insider sales are neutral as they were conducted under a pre-arranged 10b5-1 trading plan, which typically indicates a diversification or liquidity event rather than a reaction to new material non-public information.

Positives

• The stock sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned diversification or liquidity event rather than a reaction to new negative company-specific information.

Negatives

• Insider selling, even when pre-planned, can sometimes be perceived negatively by some market participants, potentially leading to short-term sentiment shifts.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The Reporting Person indirectly owns 675,000 shares through Grantor Retained Annuity Trusts (GRATs), which are for the benefit of the Reporting Person and his family.

Stakeholder Impact

• Minimal direct impact on shareholders as the sales were pre-planned and do not signal new negative information about the company.
• Employees, customers, suppliers, and creditors are unlikely to be directly affected by these personal transactions.

Key Dates

Recommendation

The insider sales by CEO Sanjay Mehrotra were executed under a pre-established Rule 10b5-1 trading plan. This indicates a planned diversification or liquidity event rather than a reaction to new material non-public information, thus not warranting a change in investment recommendation based solely on this filing. The underlying fundamentals of Micron Technology should be the primary driver for investment decisions.

Keywords

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