Form 4: Micron Technology EVP Scott J. Deboer Reports Stock Transaction
SEC Form 4
Micron Technology's EVP, Scott J. Deboer, reports the withholding of common stock shares to cover tax obligations related to vesting awards.
Summary
- On April 15, 2024, Scott J. Deboer, EVP of Technology & Products at Micron Technology Inc., had 2,319 common stock shares withheld to satisfy tax obligations.
- The transaction occurred at a price of $122.52 per share.
- Following the transaction, Deboer directly owns 198,617 shares of Micron Technology common stock.
Sentiment
Score: 7
Explanation: The document reports a routine transaction related to tax obligations, which is neutral in sentiment. The executive still holds a significant number of shares.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of stock transaction (tax withholding) |
| 04/17/2024 | Date of signature for the Form 4 filing |
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