Form 4: Micron Technology EVP Manish Bhatia Sells 40,650 Shares
SEC Form 4 Filing
Micron Technology's EVP, Global Operations, Manish H. Bhatia, sold 40,650 shares of common stock at an average price of $120.89 on May 10, 2024.
Summary
- On May 10, 2024, Manish H. Bhatia, EVP, Global Operations at Micron Technology Inc., sold 40,650 shares of common stock.
- The sale was executed at a weighted average price of $120.89 per share, with individual transactions ranging from $120.795 to $121.07.
- Following the transaction, Bhatia directly owns 278,469 shares of Micron Technology.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a standard transaction. The sale itself doesn't necessarily indicate positive or negative sentiment towards the company's future prospects.
Industry Context
Executive stock sales are a common occurrence and can be for various personal financial planning reasons. It's important to consider the overall context of insider transactions and company performance when evaluating the significance of this sale.
Stakeholder Impact
- The sale could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact on the company's operations or financial performance.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Date of stock sale transaction |
| 05/14/2024 | Date of Form 4 filing |
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