Micron (MU) director Alexis Bjorlin reports 260 shares held via family trust
Rhea-AI Filing Summary
MICRON TECHNOLOGY INC director Alexis Bjorlin filed an initial Form 3 disclosing existing holdings. The filing reports indirect ownership of 260 shares of Common Stock as of the stated date. These shares are held in a trust for the benefit of the reporting person and her family, with her serving as a co-trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bjorlin Alexis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 260 shares (Indirect, Trust)
Footnotes (1)
- F1. Shares held in a Trust for the benefit of the Reporting Person and her family, with the Reporting Person as a co-trustee.
Key Figures
Indirectly owned shares: 260 shares
1 metrics
Indirectly owned shares
260 shares
Common Stock beneficially owned via trust on Form 3
Key Terms
Form 3, beneficial ownership, Common Stock, Trust, +1 more
5 terms
Form 3 regulatory
"director Alexis Bjorlin filed an initial Form 3 disclosing existing holdings"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"initial statement of beneficial ownership and does not record a buy or sell"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"260 shares of Common Stock are currently owned indirectly through a trust"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Trust financial
"shares are held in a Trust for the benefit of the Reporting Person and her family"
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
co-trustee financial
"with the Reporting Person as a co-trustee"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Alexis Bjorlin’s Form 3 filing for MICRON TECHNOLOGY INC (MU) show?
The Form 3 shows that director Alexis Bjorlin has an existing indirect holding of 260 shares of Common Stock. These shares were not newly bought or sold; they are reported as current beneficial ownership.
Is Alexis Bjorlin’s Micron (MU) Form 3 a buy or sell transaction?
The Form 3 is an initial statement of beneficial ownership and does not record a buy or sell. It simply discloses that 260 shares of Common Stock are currently owned indirectly through a trust.
What is the significance of a trust in Alexis Bjorlin’s Micron (MU) Form 3?
The filing explains that the shares are held in a trust benefiting the reporting person and her family. With Alexis Bjorlin serving as co-trustee, the Form 3 reports her indirect beneficial ownership of the 260 Micron shares.