Form 4: Micron Technology Officer Reports Scheduled Stock Vesting and Tax Withholding

Micron Technology's CVP and Chief Accounting Officer, Scott R. Allen, reported a future scheduled transaction involving the vesting of restricted stock units and a corresponding tax withholding under a Rule 10b5-1 plan.

Summary

• Scott R. Allen, CVP, Chief Accounting Officer of Micron Technology Inc. (MU), reported transactions related to his beneficial ownership.
• On July 19, 2025, 270 shares of common stock are scheduled to be acquired through the vesting of restricted stock units at a price of $0.00 per share.
• Concurrently, 138 shares of common stock are scheduled to be disposed of at a price of $114.39 per share to satisfy tax withholding obligations related to the vesting.
• Following these transactions, Scott R. Allen will directly beneficially own 52,330 shares of common stock.
• The Restricted Stock Units initially vested 25% on January 19, 2023, with 6.25% of the total restricted stock award vesting quarterly thereafter.
• The reported transactions are made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction involving stock vesting and tax withholding, which is neutral in sentiment as it reflects standard compensation practices rather than a strategic move or performance indicator.

Positives

• The vesting of restricted stock units indicates continued equity participation and alignment of executive interests with shareholder value.
• The transaction is part of a pre-planned Rule 10b5-1 plan, demonstrating structured and compliant insider trading practices.

Future Outlook

The Restricted Stock Units are scheduled to continue vesting quarterly at a rate of 6.25% of the total award.

Industry Context

This filing is a routine insider transaction report and does not provide information directly related to broader industry trends or competitive landscape within the semiconductor sector.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors as this is a routine compensation-related transaction for an executive.

Next Steps

• Ongoing quarterly vesting of Restricted Stock Units at 6.25% of the total award.

Key Dates

Keywords

Micron Technology, MU, Scott R. Allen, Form 4, Insider Transaction, Stock Vesting, Restricted Stock Units, Tax Withholding, Chief Accounting Officer, Rule 10b5-1 Plan, Semiconductor