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MU (NASDAQ: MU) affiliate notifies sale of 24,000 performance shares

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

Rhea-AI Filing Summary

MU affiliate submitted a Form 144 notice to sell 24,000 common shares. The filing lists the securities as Performance Shares dated 10/13/2024 and shows an entry of 24,000 shares with associated values in the filing. The filing also records a prior sale of 25,000 shares by Sumit Sadana on 02/02/2026 for $10,747,250.00.

Positive

  • None.

Negative

  • None.
Proposed shares to be sold 24,000 shares Performance Shares dated 10/13/2024
Prior sale reported 25,000 shares Sale by Sumit Sadana on 02/02/2026
Proceeds from prior sale $10,747,250.00 Proceeds shown for 25,000-share sale on 02/02/2026
Performance Shares financial
"Performance Shares | Issuer | 24000 | 10/13/2024"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Proceeds financial
"25000 | 10747250.00"
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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

FAQ

What does MU's Form 144 filing report?

It reports a proposed sale of 24,000 common shares. The filing identifies these as Performance Shares dated 10/13/2024 and includes a separate recorded sale of 25,000 shares on 02/02/2026.

Who is listed as having sold shares recently in the filing for MU?

Sumit Sadana is listed as selling 25,000 common shares on 02/02/2026. The filing shows proceeds of $10,747,250.00 tied to that sale in the provided excerpt.

What type of shares are being offered in the MU Form 144?

The filing identifies the shares as Performance Shares dated 10/13/2024. The excerpt labels the securities class as Common and ties the 24,000 figure to those performance-share entries.

Does the Form 144 state where MU's shares are listed?

Yes; the excerpt shows the exchange listed as NASDAQ. Additional listing or trading details are not included beyond the exchange name in the provided content.