Form 4: Micron Legal Officer Reports Stock Award & Tax Withholding

Micron Technology's SVP, Chief Legal Officer, Michael Charles Ray, reported the acquisition of restricted stock awards and the disposition of shares for tax withholding.

Summary

• Michael Charles Ray, SVP, Chief Legal Officer of Micron Technology Inc. (MU), reported transactions on October 13, 2025.
• Acquired 17,896 shares of Common Stock as Restricted Stock Awards at a price of $0.00 per share.
• These Restricted Stock Awards vest in three equal annual installments, beginning on the first anniversary of the grant date.
• Disposed of 4,750 shares of Common Stock at a price of $181.6 per share.
• The disposition was for the withholding of shares to satisfy tax obligations related to the vesting of previously granted awards.
• Following these transactions, Michael Charles Ray beneficially owns 105,762 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions related to executive compensation (restricted stock award vesting and tax withholding), which are neutral events for the company's operational or financial performance.

Positives

• The grant of 17,896 Restricted Stock Awards aligns management's interests with long-term shareholder value.

Negatives

• The disposition of 4,750 shares was solely for tax withholding purposes, not a voluntary sale for profit.

Future Outlook

The Restricted Stock Awards are scheduled to vest in three equal annual installments, commencing on the first anniversary of the grant date (October 13, 2025).

Industry Context

This filing represents a routine insider transaction related to executive compensation, common across publicly traded companies in the semiconductor industry and beyond. Restricted stock awards are a standard component of long-term incentive plans designed to retain key executives and align their performance with shareholder returns.

Stakeholder Impact

• Shareholders: The grant of restricted stock awards aligns management incentives with shareholder interests, while the tax-related disposition is a routine event with minimal direct impact on share price or company operations.

Next Steps

• The Restricted Stock Awards will vest in three equal annual installments, with the first installment occurring on October 13, 2026.

Key Dates

Keywords

Micron Technology, MU, Form 4, Insider Transaction, Restricted Stock Award, Tax Withholding, Executive Compensation, Michael Charles Ray