Form 4: Micron Technology Director Reports Sale of Common Stock
Insider Transaction Report
Micron Technology Inc. Director Steven J. Gomo reported the sale of 7,000 shares of common stock at a price of $125.15 per share, conducted under a pre-arranged Rule 10b5-1 plan.
Summary
- Steven J. Gomo, a Director of Micron Technology Inc. (MU), reported a transaction involving the company's common stock.
- On June 27, 2025, Mr. Gomo disposed of 7,000 shares of common stock.
- The shares were sold at a price of $125.15 per share.
- The transaction was executed pursuant to a Rule 10b5-1(c) plan, indicating a pre-scheduled sale.
- Following this transaction, Steven J. Gomo beneficially owns 22,762 shares of Micron Technology Inc. common stock.
Sentiment
Score: 6
Explanation: The sale of shares by a director is a factual event. While insider selling can sometimes be perceived negatively, the explicit mention of a Rule 10b5-1 plan indicates a pre-scheduled transaction, which typically mitigates concerns about a lack of confidence in the company's future performance. Therefore, the sentiment is neutral to slightly negative, reflecting a routine disclosure rather than a significant positive or negative signal.
Future Outlook
NA
Industry Context
This document is a standard regulatory filing for an insider stock transaction and does not provide broader industry context or trends.
Stakeholder Impact
- Shareholders: The transaction changes the direct beneficial ownership of a director, which is a routine disclosure for transparency regarding insider holdings.
Key Dates
| Date | Description |
|---|---|
| 06/27/2025 | Date of transaction for the sale of common stock by Steven J. Gomo. |
| 07/01/2025 | Date the Form 4 was signed by Mai Lan Bui, Attorney-in-fact for Steven J. Gomo. |
Keywords
Micron Technology, MU, SEC Form 4, Insider Trading, Stock Sale, Director, Beneficial Ownership, Rule 10b5-1
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