Form 4: Micron Technology EVP Manish Bhatia Reports Stock Disposal for Tax Obligations
SEC Form 4
Manish Bhatia, EVP of Global Operations at Micron Technology, disposed of 3,303 shares of common stock to cover tax withholding obligations.
Summary
- On July 15, 2024, Manish H. Bhatia, EVP of Global Operations at Micron Technology, disposed of 3,303 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations related to the vesting of previously granted awards.
- The price per share was $133.55.
- Following the transaction, Bhatia directly owns 275,166 shares of Micron Technology.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing relates to a routine transaction for tax purposes.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often related to compensation packages and tax planning. This transaction appears to be a routine disposal to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock disposal transaction |
| 07/17/2024 | Date of signature for the report |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.