Form 4: Micron Technology SVP Michael Ray Acquires 28,058 Shares of Common Stock

Micron Technology's SVP, Chief Legal Officer Michael Charles Ray, acquired 28,058 shares of common stock on October 13, 2024.

Summary

• On October 13, 2024, Michael Charles Ray, SVP, Chief Legal Officer of Micron Technology Inc., acquired 28,058 shares of common stock.
• The acquisition was made directly, and the price per share was $0.00.
• Following the transaction, Ray directly owns 119,476 shares of Micron Technology Inc. common stock.
• The filing also indicates that the acquired shares are related to restricted stock awards that vest in three equal annual installments starting one year from the grant date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by an executive, neither particularly positive nor negative.

Positives

• The acquisition of shares by a high-ranking officer could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

This type of filing is standard for corporate insiders and is used to disclose changes in beneficial ownership of company stock. It is common for executives to receive stock as part of their compensation.

Stakeholder Impact

• The acquisition of shares by a company executive could have a slightly positive impact on shareholder sentiment.

Key Dates