Form 4: Micron Technology Director Mary Pat McCarthy Sells Shares Under 10b5-1 Plan

Director Mary Pat McCarthy sold 2,404 shares of Micron Technology (MU) common stock at $80 per share on May 2, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On May 2, 2025, Mary Pat McCarthy, a director of Micron Technology Inc. (MU), sold 2,404 shares of common stock.
• The sale was executed at a price of $80 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 6, 2024.
• Following the transaction, McCarthy directly owns 24,954 shares of Micron Technology.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding a stock sale by a company director under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by insiders are a normal part of corporate activity. It is important to consider the context of the sale, such as the use of a 10b5-1 trading plan, which suggests the sale was pre-planned and not based on current inside information.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Micron Technology, MU, Mary Pat McCarthy, Director, Stock Sale, Form 4, 10b5-1 Trading Plan, Insider Trading