[Form 4] Micron Technology, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Micron Technology (Nasdaq:MU) filed a Form 4 revealing that EVP, CTO and Products Officer Scott J. Deboer sold 20,000 common shares on 24 Jun 2025 at an average price of $125.11, generating roughly $2.5 million in proceeds. The transaction was executed under a Rule 10b5-1 plan adopted 31 Oct 2024. Following the sale, Deboer directly owns 166,353 shares. The divestiture equals about 11% of his prior direct stake and exceeds common materiality thresholds for insider activity, making the filing notable for investors monitoring insider sentiment. No derivative transactions were reported.

Positive

• None.

Negative

• EVP/CTO Scott J. Deboer sold 20,000 shares (~$2.5 M, ~11% of his prior stake) under a Rule 10b5-1 plan, potentially signalling reduced insider confidence.

Insights

Insider Trading Analyst

CTO’s $2.5 M sale (~11% stake) sends mild bearish signal despite 10b5-1 plan.

Scott Deboer’s 20,000-share disposal is sizeable in both dollar terms and percentage reduction. While the pre-arranged 10b5-1 plan limits concerns about information asymmetry, investors often interpret multi-million-dollar, double-digit percentage sales by key executives as a soft negative for near-term confidence. Deboer still holds 166,353 shares, preserving alignment, yet the sale reduces exposure meaningfully. With no offsetting insider buys, this filing slightly tilts insider sentiment bearish and warrants continued monitoring of subsequent Form 4s.

Portfolio Manager

Pre-planned sale; fundamentals intact, but log for trend analysis.

The $2.5 million transaction, executed under a 10b5-1 plan, does not alter Micron’s fundamentals. However, the sale represents about 11% of Deboer’s direct stake—larger than routine diversification. Continued or accelerated insider selling could weigh on perception during cyclical downswings, so I track aggregate insider activity closely. Absent further sales or corroborating negative signals, I regard the event as sentiment-neutral and not thesis-changing for MU holdings.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Deboer Scott J

(Last) (First) (Middle)

8000 S. FEDERAL WAY

(Street)

BOISE ID 83716

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CTO and Products Officer

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/24/2025		S(1)		20,000	D	$125.11	166,353	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 31, 2024.

Remarks:

	Mai Lan Bui, Attorney-in-fact	06/26/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Micron (MU) shares did CTO Scott Deboer sell on 24 June 2025?

He sold 20,000 common shares.

What was the average sale price for MU shares in the June 2025 insider transaction?

The shares were sold at an average price of $125.11 each.

How much Micron stock does Scott Deboer own after the June 2025 sale?

He directly holds 166,353 shares following the transaction.

Was the June 24 2025 sale executed under a 10b5-1 trading plan?

Yes, the sale was made pursuant to a Rule 10b5-1 plan adopted on 31 Oct 2024.

What percentage of Deboer’s prior holdings did the 20,000-share sale represent?

The transaction accounted for approximately 11% of his direct shareholding.