Form 4: Micron Technology EVP Mark Murphy Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Mark J. Murphy, EVP & Chief Financial Officer of Micron Technology, reports disposing of 13,316 shares of common stock to cover tax withholding obligations.
Summary
- On April 18, 2024, Mark J. Murphy, the EVP & Chief Financial Officer of Micron Technology, disposed of 13,316 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 $116.33.
- Following the transaction, Murphy directly owns 196,442 shares of Micron Technology common stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations and doesn't necessarily reflect a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 04/18/2024 | Date of stock disposal transaction |
| 04/22/2024 | Date of signature on the Form 4 filing |
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