Form 4: Micron Technology Executive Withholds Shares for Tax Obligations
Statement of Changes in Beneficial Ownership (Form 4)
Micron Technology's EVP, CTO, and Products Officer, Scott J. Deboer, disposed of 2,293 common stock shares valued at $118.61 each to cover tax withholding obligations from vested awards.
Summary
- Scott J. Deboer, Executive Vice President, Chief Technology Officer, and Products Officer at Micron Technology Inc. (MU), reported a transaction on July 15, 2025.
- The transaction involved the disposition of 2,293 shares of Micron Technology common stock.
- These shares were withheld to satisfy tax withholding obligations related to the vesting of previously granted equity awards.
- The price per share for the disposed stock was $118.61.
- Following this transaction, Scott J. Deboer beneficially owns 164,060 shares of Micron Technology common stock.
Sentiment
Score: 5
Explanation: The transaction is a routine tax withholding event associated with executive equity vesting, which is neutral in terms of company performance or outlook.
Positives
- The transaction indicates the vesting of previously granted equity awards to a key executive, which is a standard component of executive compensation and retention.
Negatives
- Shares were withheld to cover tax liabilities, meaning the executive did not receive the full gross amount of vested shares, which is a routine tax consequence of equity vesting.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic outlook.
Industry Context
This filing is a routine disclosure of an insider stock transaction for tax purposes and does not provide information relevant to broader industry trends or competitive landscape within the semiconductor or memory industry.
Stakeholder Impact
- Shareholders: Minimal direct impact, as this is a routine executive compensation-related transaction. It confirms the vesting of previously granted equity awards to a key executive.
- Employees: No direct impact on general employees.
- Customers: No direct impact.
- Suppliers: No direct impact.
- Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 07/15/2025 | Date of transaction where common stock shares were withheld to satisfy tax withholding obligations. |
| 07/17/2025 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Micron Technology, MU, SEC Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Executive Compensation, Common Stock
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