Form 4: Micron Technology Director Reports Stock Award and Disposal
SEC Form 4 Filing
Director Robert Holmes Swan reports acquisition of stock awards and disposal of common stock in Micron Technology.
Summary
- On October 13, 2024, Robert Holmes Swan, a director of Micron Technology Inc., reported a transaction involving the company's stock.
- Swan acquired 2,338 shares of common stock through a stock award.
- The price of the acquired stock was $0.00.
- Swan also disposed of shares, resulting in a total of 4,078 shares beneficially owned following the reported transactions.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions.
Positives
- The acquisition of stock through awards can be seen as a positive sign, aligning the director's interests with the company's performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company directors and officers regarding their company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company directors as it can provide insights into their confidence in the company's future prospects.
Key Dates
| Date | Description |
|---|---|
| 10/13/2024 | Date of the stock transaction. |
| 10/15/2024 | Date of signature by Attorney-in-fact. |
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