Form 4: Micron Technology CEO Sanjay Mehrotra Reports Stock Transactions
SEC Form 4 Filing
Sanjay Mehrotra, President and CEO of Micron Technology, reports the withholding of common stock shares to cover tax obligations and ownership of shares in a grantor retained annuity trust.
Summary
- On April 15, 2025, Sanjay Mehrotra, the President and CEO of Micron Technology, reported a transaction involving common stock.
- 9,527 shares were withheld to satisfy tax obligations related to the vesting of previously granted awards at a price of $71.02 per share.
- Following the transaction, Mehrotra directly owns 569,675 shares of common stock.
- Mehrotra also indirectly owns 500,000 shares through a Grantor Retained Annuity Trust (GRAT) for the benefit of himself and his family.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of the reported stock transaction (tax withholding). |
| 04/17/2025 | Date of signature by Attorney-in-fact. |
Keywords
Micron Technology, Sanjay Mehrotra, stock transaction, Form 4, beneficial ownership, GRAT, tax withholding, MU
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