Form 4: Micron Technology EVP Mark Murphy Reports Stock Transaction
SEC Form 4 Filing
Micron Technology's EVP & Chief Financial Officer, Mark J. Murphy, reports the withholding of common stock shares to cover tax obligations related to vesting awards.
Summary
- On July 15, 2024, Mark J. Murphy, EVP & Chief Financial Officer of Micron Technology Inc., reported a transaction involving common stock.
- The transaction involved the withholding of 2,715 shares of common stock at a price of $133.55.
- This withholding was to satisfy tax obligations related to the vesting of previously granted awards.
- Following the transaction, Murphy directly owns 193,727 shares of Micron Technology common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to have shares withheld to cover tax obligations when stock awards vest.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of the reported stock transaction. |
| 07/17/2024 | Date of signature by Attorney-in-fact. |
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