25,000 MU shares set for Rule 144 sale (NASDAQ: MU)
Rhea-AI Filing Summary
A holder of MU common stock has filed a Rule 144 notice to sell 25,000 shares through Morgan Stanley Smith Barney LLC on the NASDAQ, with an approximate sale date of 02/02/2026 and an aggregate market value of $10,747,250.00.
The securities to be sold are common shares previously acquired from the issuer as restricted stock and performance shares on several dates in 2024, including blocks of 3,311, 16,270, and 2,108 shares. The filing notes that there were 1,125,509,261 common shares outstanding.
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FAQ
What does the MU Rule 144 filing disclose about planned share sales?
The filing discloses an intent to sell 25,000 common shares of MU under Rule 144. These shares will be sold through a broker on the NASDAQ, reflecting a planned secondary sale by an existing holder rather than a new share issuance.
How many MU shares are covered by this planned Rule 144 sale?
The notice covers 25,000 shares of MU common stock with an aggregate market value of $10,747,250.00. This represents a sale by an existing shareholder and is separate from the total 1,125,509,261 common shares outstanding noted in the filing.
When is the approximate sale date for the MU shares under Rule 144?
The holder indicates an approximate sale date of 02/02/2026 for the 25,000 MU common shares. This timing reflects when the seller expects to execute the transaction on the NASDAQ, subject to market conditions and Rule 144 requirements.
How were the MU shares being sold under Rule 144 originally acquired?
The MU shares were acquired from the issuer in 2024 as restricted stock and performance shares. Specific acquisitions include lots of 3,311, 16,270, and 2,108 shares, all recorded as consideration labeled “Not Applicable” for payment.
Which broker is handling the MU Rule 144 sale and on which exchange?
The planned sale of 25,000 MU common shares will be executed through Morgan Stanley Smith Barney LLC Executive Financial Services. The filing specifies that the transaction is intended to occur on the NASDAQ exchange, consistent with MU’s listed trading venue.