Form 4: Micron Technology Executive Sells 5,000 Shares
SEC Form 4 Filing
Scott R. Allen, CVP and Chief Accounting Officer of Micron Technology, sold 5,000 shares of common stock on January 7, 2025.
Summary
- On January 7, 2025, Scott R. Allen, the CVP and Chief Accounting Officer of Micron Technology Inc., sold 5,000 shares of the company's common stock.
- The shares were sold at a weighted average price of $101.76 per share.
- Following the transaction, Allen directly owns 54,518 shares of Micron Technology.
- The sale was executed under a prearranged 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating an insider stock sale. The sentiment is neutral as it's a routine disclosure.
Industry Context
Insider sales are a common occurrence and are often related to personal financial planning rather than a negative outlook on the company. However, large or frequent insider sales can sometimes be viewed negatively by investors.
Key Dates
| Date | Description |
|---|---|
| 01/07/2025 | Date of transaction: Scott R. Allen sold 5,000 shares of Micron Technology common stock. |
| 01/10/2025 | Date of signature: Mai Lan Bui, Attorney-in-fact, signed the Form 4 on this date. |
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