Form 4: Micron Technology Executive Scott R. Allen Reports Stock Transaction
SEC Form 4 Filing
Scott R. Allen, CVP and Chief Accounting Officer of Micron Technology, reports the withholding of common stock shares to cover tax obligations.
Summary
- On April 15, 2025, Scott R. Allen, CVP and Chief Accounting Officer of Micron Technology Inc., reported a transaction involving common stock.
- 911 shares of common stock were disposed of to satisfy tax withholding obligations at a price of $71.02 per share.
- Following the transaction, Allen directly owns 52,976 shares of Micron Technology common stock, which includes 227.645 shares acquired on January 31, 2025, under the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding stock transactions, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies like Micron Technology.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax-related stock transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Acquisition of 227.645 shares under the Micron Technology, Inc. Employee Stock Purchase Plan |
| 04/15/2025 | Transaction date: Withholding of common stock shares to satisfy tax withholding obligations |
| 04/17/2025 | Date of signature by Attorney-in-fact |
Keywords
Micron Technology, Scott R. Allen, Form 4, Stock Transaction, Beneficial Ownership, Tax Withholding, Employee Stock Purchase Plan, MU
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