Form 4: Micron Technology EVP Scott J. Deboer Reports Stock Transaction
SEC Form 4
EVP of Technology & Products at Micron Technology, Scott J. Deboer, reports disposition of shares to cover tax obligations.
Summary
- On July 15, 2024, Scott J. Deboer, EVP, Technology & Products at Micron Technology, reported a transaction involving common stock.
- 2,313 shares were disposed of to satisfy tax withholding obligations related to the vesting of previously granted awards.
- The price per share for the transaction was $133.55.
- Following the transaction, Deboer directly owns 156,304 shares of Micron Technology.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and are closely watched by investors for insights into management's perspective on the company's performance and future prospects. This transaction appears to be related to tax obligations, which is a common occurrence.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of stock transaction |
| 07/17/2024 | Date of signature by Attorney-in-fact |
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