Form 4: Micron Technology Director Robert Holmes Swan Reports Stock Units

Robert Holmes Swan, a Director at Micron Technology Inc., reported the acquisition of 35 Restricted Stock Units on June 30, 2026, as part of his compensation.

Summary

• Robert Holmes Swan, a Director at Micron Technology Inc., has reported a transaction involving Restricted Stock Units (RSUs).
• The transaction, dated June 30, 2026, involved the acquisition of 35 RSUs.
• These RSUs are granted in lieu of a cash retainer and vest 100% on the grant date.
• Delivery of the shares underlying these RSUs will occur within 15 days after separation from service, as per a deferral election made by Mr. Swan.
• The filing indicates that Mr. Swan beneficially owns 35 shares of Common Stock directly following this transaction.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard disclosure of director compensation and does not indicate significant changes in ownership or company performance.

Positives

• Director compensation is being provided through equity, aligning management interests with shareholders.
• The RSUs vest fully on the grant date, indicating immediate vesting for the director.
• A deferral election is in place, allowing for a structured distribution of shares post-employment.

Future Outlook

Delivery of shares underlying the RSUs will occur within 15 days after separation from service.

Industry Context

StockSavvy.ai notes that the use of Restricted Stock Units for director compensation is a common practice in the technology sector, aiming to retain talent and align executive interests with long-term company performance.

Stakeholder Impact

• Shareholders: The transaction reflects standard director compensation practices, with no immediate impact on share count or ownership structure beyond the director's compensation.

Next Steps

• Delivery of shares to Robert Holmes Swan within 15 days after his separation from service.

Key Dates

Keywords

Micron Technology, MU, Form 4, SEC Filing, Director, Restricted Stock Units, RSU, Beneficial Ownership, Equity Compensation