Form 4: Micron Technology Director Acquires Restricted Stock Units
SEC Form 4 Filing
Micron Technology director MaryAnn Wright reports acquisition of restricted stock units.
Summary
- On October 13, 2024, MaryAnn Wright, a director at Micron Technology Inc., acquired 2,338 restricted stock units (RSUs).
- These RSUs vest 100% on the one-year anniversary of the award date.
- Vested shares will be delivered fifteen days after separation from service or earlier in the event of a change in control.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Future Outlook
The vested shares from the RSUs will be delivered to the reporting person fifteen days after separation from service or earlier in the event the Company is subject to a change in control event.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a director's acquisition of company stock, aligning her interests with those of the shareholders.
Stakeholder Impact
- The acquisition of restricted stock units by a director can align the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 10/13/2024 | Date of transaction: acquisition of restricted stock units. |
| 10/15/2024 | Date of signature by Attorney-in-fact. |
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