Form 4: Micron Technology CEO Sanjay Mehrotra Transfers Shares to Grantor Retained Annuity Trust

Micron Technology's CEO, Sanjay Mehrotra, transferred 175,000 shares of common stock from a revocable trust to a grantor retained annuity trust on April 23, 2025.

Summary

• On April 23, 2025, Sanjay Mehrotra, the President and CEO of Micron Technology Inc., executed a transaction involving the company's common stock.
• He transferred 175,000 shares from a revocable trust to a grantor retained annuity trust (GRAT).
• The transfer to the GRAT was a disposition (D) from the direct holdings and an acquisition (A) into indirect holdings.
• The price per share for this transfer is listed as $0.00.
• Following the transaction, Mehrotra directly owns 394,675 shares and indirectly owns 675,000 shares through the GRAT.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding stock ownership. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Industry Context

This is a routine disclosure related to executive stock ownership and wealth management strategies. It doesn't necessarily reflect a change in the company's outlook or performance.

Stakeholder Impact

• The transaction has minimal direct impact on stakeholders, as it is a transfer of shares for estate planning purposes and does not involve a sale to the public market.

Key Dates

Keywords

Micron Technology, Sanjay Mehrotra, stock transfer, Form 4, grantor retained annuity trust, MU, beneficial ownership