Form 4: Micron Director Gomo Receives Stock Award
Insider Transaction Report
Micron Technology Director Steven J. Gomo was granted 1,377 shares of common stock as part of a restricted stock award.
Summary
- Steven J. Gomo, a Director of Micron Technology Inc. (MU), acquired 1,377 shares of common stock.
- The transaction occurred on October 13, 2025, and the shares were acquired at a price of $0.00 per share, indicating a grant.
- Following this transaction, Steven J. Gomo beneficially owns a total of 24,139 shares of Micron Technology common stock.
- The acquired shares are Director Restricted Stock Awards, which will vest 100% on the one-year anniversary date of the award.
Sentiment
Score: 6
Explanation: Slightly positive, as it indicates continued director alignment with shareholder interests through equity ownership, which is a healthy sign of corporate governance.
Positives
- The acquisition of shares by a director increases their equity stake, aligning their interests more closely with those of shareholders.
- Equity compensation for directors is a standard practice, indicating a structured approach to governance and incentive alignment.
Future Outlook
The acquired Director Restricted Stock Awards are scheduled to vest 100% on the one-year anniversary of the award date, which is October 13, 2026.
Industry Context
The granting of restricted stock awards to directors is a common practice across publicly traded companies, serving to align the interests of board members with long-term shareholder value. This transaction is consistent with typical executive and director compensation structures in the technology sector.
Comparison to Industry Standards
- Director equity compensation, particularly through restricted stock awards with vesting periods, is a standard practice in the technology industry and broadly across public companies, comparable to practices at peers like Intel (INTC) or NVIDIA (NVDA).
- The $0.00 acquisition price is typical for stock grants or awards, distinguishing it from open market purchases.
Related Party Transactions
- The acquisition of 1,377 shares of common stock by Director Steven J. Gomo at a $0.00 price constitutes a related party transaction, specifically director compensation through equity.
Stakeholder Impact
- Shareholders: Increased alignment of director's financial interests with long-term shareholder value.
- Management: Reinforces the compensation structure for board members, potentially aiding in director retention.
Next Steps
- The 1,377 Director Restricted Stock Awards will vest on October 13, 2026.
Key Dates
| Date | Description |
|---|---|
| 10/13/2025 | Date of transaction where 1,377 shares of common stock were acquired. |
| 10/13/2026 | One-year anniversary date of the award, when the Director Restricted Stock Awards will vest 100%. |
Keywords
Micron Technology, MU, Steven J. Gomo, Director, Restricted Stock Award, Equity Compensation, Insider Transaction, Form 4, Stock Grant
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.