Form 4: Micron Technology Director Sells Shares Under Pre-Arranged Trading Plan

Mary Pat McCarthy, a Director at Micron Technology Inc., sold 2,404 shares of common stock on July 1, 2025, as part of a pre-scheduled Rule 10b5-1 trading plan.

Summary

• Mary Pat McCarthy, a Director of Micron Technology Inc. (MU), disposed of a total of 2,404 shares of common stock on July 1, 2025.
• These sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by the reporting person on November 6, 2024.
• The transactions included a sale of 700 shares at a weighted average price of $120.38 per share, with prices ranging from $119.67 to $120.64.
• An additional 1,104 shares were sold at a weighted average price of $121.04 per share, with prices ranging from $120.74 to $121.32.
• A third transaction involved the sale of 600 shares at a weighted average price of $122.78 per share, with prices ranging from $122.49 to $123.05.
• Following these reported transactions, Mary Pat McCarthy beneficially owns 22,550 shares of Micron Technology common stock.

Sentiment

Score: 6

Explanation: The sale of shares by a director, while reducing insider ownership, was conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a planned liquidity event rather than a reaction to new negative information, thus mitigating potential negative sentiment.

Positives

• The sales were conducted under a pre-arranged Rule 10b5-1 trading plan, which indicates a scheduled liquidity event rather than an ad-hoc decision based on new, potentially negative, information.

Negatives

• The transactions result in a reduction of direct beneficial ownership by a company director, which can be perceived as a slight decrease in insider alignment with shareholder interests.

Risks

• Potential for market misinterpretation of insider sales, even if pre-planned, leading to short-term negative sentiment.
• Reduced direct equity holdings by a director could marginally decrease the alignment of their personal financial interests with long-term shareholder value.

Future Outlook

NA

Industry Context

This filing pertains to an individual insider transaction and does not provide broader insights into industry trends or competitive landscape.

Stakeholder Impact

• Shareholders may view the reduction in direct insider ownership as a slight decrease in management's direct alignment with shareholder interests, although the pre-planned nature of the sale mitigates this concern.

Key Dates

Keywords

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