Insider sale: Michael Cordano sells 3,407 shares (NASDAQ: MU)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Michael Cordano reported a Rule 144 sale of 3,407 shares of Common Stock through Morgan Stanley Smith Barney LLC. The shares were restricted stock with an original date of 01/02/2026, and the sale date shown is 04/09/2026. The record lists $1,433,699.67 alongside the transaction.
Positive
- None.
Negative
- None.
Key Figures
Shares sold: 3,407 shares
Filing type: Form 144 notice
Restricted stock date: 01/02/2026
+1 more
4 metrics
Shares sold
3,407 shares
sale date 04/09/2026
Filing type
Form 144 notice
Rule 144 sale notice for restricted stock
Restricted stock date
01/02/2026
original restricted stock grant or restriction date
Numeric entry listed
$1,433,699.67
figure shown adjacent to the sale line
Key Terms
Restricted Stock, Rule 144, Aggregate proceeds
3 terms
Restricted Stock financial
"Common | 01/02/2026 | 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.
Rule 144 regulatory
"144: Securities To Be Sold"
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.
Aggregate proceeds financial
"3407 | 1433699.67"
FAQ
What did Michael Cordano file for MU?
Michael Cordano filed a Rule 144 sale notice for 3,407 shares. The notice lists restricted stock dated 01/02/2026 and a sale date of 04/09/2026, with an amount shown as $1,433,699.67 in the record.
Who executed the MU transaction listed in the filing?
The sale was handled through Morgan Stanley Smith Barney LLC. The filing names that broker and lists New York Plaza as the broker address for the reported transaction.
Does the filing state proceeds for the MU sale?
The record shows a numeric entry of $1,433,699.67 adjacent to the sale line. The filing text does not add further explanation of that figure within the provided excerpt.