Form 4: Micron Technology Executive Scott R. Allen Reports Stock Transactions
SEC Form 4 Filing
Scott R. Allen, CVP and Chief Accounting Officer of Micron Technology, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On April 19, 2025, Scott R. Allen, CVP and Chief Accounting Officer of Micron Technology, had 269 shares of common stock vest from restricted stock units.
- Allen also disposed of 137 shares to satisfy tax withholding obligations at a price of $68.8 per share.
- Following these transactions, Allen directly owns 53,108 shares of Micron Technology common stock.
- Allen also directly owns 808 derivative securities.
Sentiment
Score: 5
Explanation: This Form 4 filing is a routine disclosure of stock transactions by a company executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which are common for executives at publicly traded companies like Micron Technology. These filings are monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 01/19/2023 | Restricted Stock Units vested 25%. |
| 04/19/2025 | Vesting of 269 Restricted Stock Units and tax withholding. |
| 04/22/2025 | Date of signature by Attorney-in-fact. |
Keywords
Form 4, Micron Technology, MU, Scott R. Allen, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Insider Trading
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.