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

Director Mary Pat McCarthy sold 2,404 shares of Micron Technology (MU) common stock on March 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On March 3, 2025, Mary Pat McCarthy, a director of Micron Technology Inc. (MU), sold 2,404 shares of common stock.
• The sales were executed under a Rule 10b5-1 trading plan adopted on November 6, 2024.
• The shares were sold in multiple transactions at varying prices, ranging from $89.66 to $95.58 per share.
• Following the reported transactions, McCarthy directly owns 27,358 shares of Micron Technology common stock.

Sentiment

Score: 5

Explanation: The document is a standard Form 4 filing, indicating insider trading activity. The sentiment is neutral as it simply reports transactions.

Industry Context

Insider sales are a common occurrence and are often viewed in the context of overall market conditions and company performance. The use of a 10b5-1 trading plan suggests the sales were pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates