Form 4: Micron Technology SVP Michael Bokan Sells 10,000 Shares

Sentiment:

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

DateDescription
10/21/2024Date of stock sale transaction
10/23/2024Date of Form 4 filing

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.