Form 4: Micron Technology SVP Michael Bokan Sells 15,000 Shares
SEC Form 4
Michael Bokan, SVP of Worldwide Sales at Micron Technology, sold 15,000 shares of common stock at an average price of $123.42 on May 14, 2024.
Summary
- On May 14, 2024, Michael W Bokan, SVP of Worldwide Sales at Micron Technology, sold 15,000 shares of Micron Technology Inc. common stock.
- The shares were sold at a weighted average price of $123.42, with individual transactions ranging from $123.25 to $123.52 per share.
- Following the transaction, Bokan directly owns 138,387 shares of Micron Technology Inc.
- Bokan also indirectly owns 17,201 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral. This is a routine disclosure of an insider stock sale. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a standard Form 4 filing, indicating an insider transaction. It's common for executives to periodically sell shares for personal financial management. The impact on the stock price is usually minimal unless the transaction is exceptionally large or part of a broader pattern of insider selling.
Key Dates
| Date | Description |
|---|---|
| 05/14/2024 | Date of the stock sale transaction. |
| 05/16/2024 | Date of signature by Attorney-in-fact. |
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