Form 4: Micron Technology SVP Michael Bokan Sells 10,000 Shares
SEC Form 4 Filing
Michael Bokan, SVP of Worldwide Sales at Micron Technology, sold 10,000 shares of common stock at an average price of $109.03 on October 21, 2024.
Summary
- On October 21, 2024, Michael W Bokan, SVP of Worldwide Sales at Micron Technology, sold 10,000 shares of Micron Technology Inc. common stock.
- The shares were sold at a weighted average price of $109.03 per share, with individual transactions ranging from $109.00 to $109.07.
- Following the transaction, Bokan directly owns 179,032 shares of common stock.
- Bokan also indirectly owns 17,201 shares held in a trust.
- The sale was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Insider sales are a common occurrence and are closely monitored by investors for signals about a company's prospects. It is important to consider the context of the sale, such as the individual's overall holdings and past trading behavior.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply.
Key Dates
| Date | Description |
|---|---|
| 10/21/2024 | Date of stock sale transaction |
| 10/23/2024 | Date of Form 4 filing |
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