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

Micron Technology's President and CEO, Sanjay Mehrotra, sold 7,500 shares of common stock in mid-June 2025 through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Sanjay Mehrotra, President and CEO, and Director of Micron Technology Inc. (MU), reported sales of common stock.
• A total of 7,500 shares were sold across multiple transactions on June 16 and June 17, 2025.
• The sales were executed at weighted average prices ranging from $119.97 to $123.12 per share.
• These transactions were conducted under a Rule 10b5-1 trading plan established on August 8, 2024.
• Following these sales, Mr. Mehrotra directly beneficially owns 379,675 shares and indirectly owns 675,000 shares through Grantor Retained Annuity Trusts (GRATs).

Sentiment

Score: 5

Explanation: Neutral. The document reports routine insider stock sales under a pre-arranged plan, which is a common practice and does not inherently indicate positive or negative sentiment about the company's future performance.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a planned divestiture rather than a reaction to new negative company information.
• Significant indirect ownership (675,000 shares) through GRATs suggests continued long-term interest in the company's performance.

Negatives

• Insider selling, even if pre-planned, can sometimes be perceived negatively by the market as it reduces the insider's direct stake.

Future Outlook

This Form 4 filing reports insider stock transactions and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing is a routine disclosure of insider stock transactions and does not provide specific industry context or trends. It reflects an individual's pre-planned stock sales rather than broader industry developments.

Stakeholder Impact

• Shareholders: May note the reduction in direct insider ownership, but the pre-arranged nature of the sales under a Rule 10b5-1 plan typically minimizes negative market interpretation.

Key Dates

Keywords

Micron Technology, MU, Sanjay Mehrotra, Insider Trading, Form 4, SEC Filing, Stock Sale, 10b5-1 Plan, CEO, Director, Beneficial Ownership