Micron (NASDAQ: MU) CEO lines up another multimillion stock sale
Rhea-AI Filing Summary
MICRON TECHNOLOGY INC (MU) is the issuer for a planned sale of its common stock under Rule 144 by Sanjay Mehrotra, acting through the Mehrotra Family Trust dated April 29, 1997. The notice covers 40,000 shares of common stock, with an indicated aggregate market value of $39,587,000.00, to be sold through UBS Financial Services Inc. on NASDAQ. The filing also lists prior equity awards to Mehrotra from the issuer via RSU/PSU releases and discloses that the trust has already sold 40,000 shares on each of May 29, June 26, and July 24, 2026 for aggregate proceeds of $38,454,108.00, $46,335,308.00, and $37,290,024.00, respectively.
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Key Figures
Shares to be sold: 40,000 shares
Aggregate market value: $39,587,000.00
Shares sold 05/29/2026: 40,000 shares
+5 more
8 metrics
Shares to be sold
40,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$39,587,000.00
Value associated with 40,000 Micron common shares in the planned sale
Shares sold 05/29/2026
40,000 shares
Common stock sold by the Mehrotra Family Trust on 05/29/2026
Proceeds 05/29/2026
$38,454,108.00
Aggregate proceeds from 40,000 Micron shares sold on 05/29/2026
Proceeds 06/26/2026
$46,335,308.00
Aggregate proceeds from 40,000 Micron shares sold on 06/26/2026
Proceeds 07/24/2026
$37,290,024.00
Aggregate proceeds from 40,000 Micron shares sold on 07/24/2026
RSU/PSU Release 04/15/2025
9,233 shares
Micron common stock released to Sanjay Mehrotra on 04/15/2025
RSU/PSU Release 10/13/2023
18,382 shares
Micron common stock released to Sanjay Mehrotra on 10/13/2023
Key Terms
Rule 144, RSU/PSU Release, attorney-in-fact
3 terms
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.
RSU/PSU Release financial
"Common | 04/15/2025 | RSU/PSU Release | Issuer |"
attorney-in-fact regulatory
"UBS Financial Services Inc., as attorney-in-fact for Sanjay Mehrotra"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
What stock sale is being registered under Rule 144 for MU in this notice?
The notice registers a planned sale of 40,000 shares of Micron Technology Inc. common stock under Rule 144, with an indicated aggregate market value of $39,587,000.00, to be sold through UBS Financial Services Inc. on NASDAQ for the Mehrotra Family Trust.
Who is the selling security holder associated with this MU Form 144?
The securities are being sold for the account of Sanjay Mehrotra, with the shares covered by the filing held under the Mehrotra Family Trust dated 04/29/1997. UBS Financial Services Inc. signs as attorney-in-fact for Sanjay Mehrotra.
What prior MU equity awards are listed for Sanjay Mehrotra in this filing?
The filing lists RSU/PSU releases of Micron common stock to Sanjay Mehrotra of 9,233 shares on 04/15/2025, 3,133 shares on 01/15/2025, 9,252 shares on 01/15/2024, and 18,382 shares on 10/13/2023, each from the issuer.
On what date was this MU Rule 144 notice filed for the Mehrotra Family Trust?
The date of notice on the Form 144 is given as 08/21/2026. The securities information section also reflects a date of 08/21/2026 in connection with the planned sale through NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.