Form 4: Micron Technology Director Acquires Shares Through Restricted Stock Award
SEC Form 4
Mary Pat McCarthy, a director at Micron Technology, acquired 2,338 shares of common stock through a restricted stock award on October 13, 2024.
Summary
- On October 13, 2024, Mary Pat McCarthy, a director of Micron Technology, acquired 2,338 shares of common stock.
- The acquisition was a result of a restricted stock award.
- The shares were acquired at a price of $0.00.
- Following the transaction, McCarthy directly owns 29,762 shares of Micron Technology.
- The restricted stock awards vest 100% on the one-year anniversary date of the award.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's share acquisition, which generally reflects a positive but not overly significant sentiment.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Director share acquisitions are common and are viewed as a sign of confidence in the company's prospects.
Stakeholder Impact
- The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 10/13/2024 | Date of transaction: Mary Pat McCarthy acquired 2,338 shares of Micron Technology common stock. |
| 10/15/2024 | Date of signature: Mai Lan Bui, Attorney-in-fact, signed the Form 4 on behalf of Mary Pat McCarthy. |
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