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  4. [144] MICRON TECHNOLOGY INC SEC Filing

Micron (NASDAQ: MU) insider targets multimillion-dollar stock sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MICRON TECHNOLOGY INC (MU) received a notice that Sumit Sadana plans to sell 15,000 shares of Micron common stock under Rule 144. The shares are described as restricted stock to be sold through Morgan Stanley Smith Barney LLC, with a proposed sale date of October 13, 2024 on NASDAQ.

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Shares proposed to be sold 15,000 shares Common stock of Micron Technology to be sold under Rule 144
Proposed sale date 10/13/2024 Date listed in the Securities To Be Sold section for the restricted stock
Aggregate market value $14,014,360.50 Value associated with 15,000 shares of Micron common stock in the securities information section
Rule reference Rule 144 Governs the proposed sale of restricted Micron shares by Sumit Sadana
Trading market NASDAQ Market listed for the sale of Micron Technology common stock
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 10/13/2024 | Restricted Stock | Issuer |"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Common financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
NASDAQ market
"1129393151 | 08/18/2026 | NASDAQ"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.

FAQ

What does the Form 144 filing disclose for MU (Micron Technology)?
The filing discloses that Sumit Sadana intends to sell 15,000 shares of Micron Technology common stock under Rule 144, with the transaction planned through Morgan Stanley Smith Barney LLC on NASDAQ.

How many MU shares does Sumit Sadana plan to sell under this Form 144?
Sumit Sadana plans to sell 15,000 shares of Micron Technology common stock. These shares are characterized as restricted stock, and the notice indicates they will be sold pursuant to the resale exemption provided by Rule 144.

What is the proposed sale date in the MU Form 144 filing?
The notice lists a proposed sale date of October 13, 2024 for the 15,000 shares of Micron Technology common stock. This date appears in the section describing the securities to be sold as restricted stock by the issuer.

Through which broker will the MU shares be sold according to the Form 144?
The shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services, listed at 1 New York Plaza, 8th Floor, New York, NY 10004. This broker is identified in the section describing the common stock transaction.

What type of securities are being sold in this MU Form 144?
The filing identifies the securities as Micron Technology common stock and classifies them as restricted stock. The notice covers an intended sale of 15,000 shares under Rule 144, which governs public resales of restricted and control securities.

Is the MU Form 144 filing a completed sale or just a notice of intent?
It is a notice of proposed sale under Rule 144, not confirmation of a completed transaction. The form provides details on the planned sale of 15,000 restricted shares, including the proposed date, broker, and market where the sale may occur.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR