Form 4: Micron Technology Director Acquires Restricted Stock Units

Director Robert Holmes Swan acquired 353 restricted stock units in Micron Technology Inc. on March 31, 2025.

Summary

• On March 31, 2025, Robert Holmes Swan, a director of Micron Technology Inc., acquired 353 restricted stock units (RSUs).
• The RSUs were granted in lieu of a cash retainer and vest 100% on the grant date.
• The shares underlying the RSUs will be delivered within 15 days after Swan's separation from service, pursuant to a deferral election.
• Swan directly owns 4,444 shares of Micron Technology common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of stock units by a director is generally viewed as a positive, but it's a routine occurrence.

Positives

• The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The shares underlying the RSUs will be delivered to the Reporting Person within 15 days after the Reporting Person's separation from service.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in the technology industry.

Comparison to Industry Standards

• Stock grants to directors are a common practice across the technology industry to align their interests with those of shareholders.
• Companies like Intel, Samsung, and TSMC also use stock-based compensation for their board members.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.

Key Dates

Keywords

Micron Technology, Director, Restricted Stock Units, MU, Swan, Beneficial Ownership, Form 4