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Micron’s Scott R. Allen acquires 1,012-share award

All reported PRSU shares remain subject to vesting until performance goals are certified at the end of year three.

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Form Type
4

Rhea-AI Filing Summary

Micron Technology Inc. (MU) Chief Accounting Officer Scott R. Allen reported acquiring restricted stock awards and performance restricted stock units (PRSUs), and shares withheld for tax obligations. On October 13, 2026, he acquired 1,012 common shares as restricted stock awards, which vest in three equal annual installments beginning on the first anniversary of the grant date. He also reported PRSUs earned as of the second year: 8,171 shares in each of two entries and 9,081 shares in another; all remain subject to vesting until performance goals are certified at the end of year three. Shares withheld for taxes included 2,081, 2,686 and 615 shares at $989.04 per share on October 13, and 583 and 218 shares at $914.13 per share on October 15.

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Insider ALLEN SCOTT R.
Role CVP, Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding Common Stock F2 583 $914.13 $533K
Tax Withholding Common Stock F2 218 $914.13 $199K
Grant/Award Performance Restricted Stock Units F3 8,171 $0.00 $0.00
Grant/Award Performance Restricted Stock Units F3 8,171 $0.00 $0.00
Grant/Award Performance Restricted Stock Units F4 9,081 $0.00 $0.00
Grant/Award Common Stock F1 1,012 $0.00 $0.00
Tax Withholding Common Stock F2 2,081 $989.04 $2.06M
Tax Withholding Common Stock F2 2,686 $989.04 $2.66M
Tax Withholding Common Stock F2 615 $989.04 $608K
Holdings After Transaction: Performance Restricted Stock Units — 25,423 contracts (Direct); Common Stock — 29,787 shares (Direct)
Footnotes (4)
  1. F1. Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.
  2. F2. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
  3. F3. The Compensation Committee certified achievement of pre-established performance goals related to Data Center SSD and HBM3E+, each at a level of 233% of target under the PRSUs with a three-year performance period previously awarded on October 13, 2024. The payout for the PRSUs (if earned) varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2024. The reported shares represent the shares earned as of the end of the second year of the performance period, 100% of which remain subject to vesting until certification of performance goals at the end of year 3 of the performance period.
  4. F4. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 150% of target under the PRSUs with a three-year performance period previously awarded on October 13, 2024. The payout for the PRSUs (if earned) varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2024. The reported shares represent the shares earned as of the end of the second year of the performance period, 100% of which remain subject to vesting until certification of performance goals at the end of year 3 of the performance period.
Restricted stock awards 1,012 shares October 13, 2026
PRSU shares 8,171 shares per entry; two entries Earned as of the second year; Data Center SSD and HBM3E+ goals
PRSU shares 9,081 shares Earned as of the second year; relative total shareholder return goals
Shares withheld for taxes 2,081 shares at $989.04 per share October 13, 2026
Shares withheld for taxes 2,686 shares at $989.04 per share October 13, 2026
Shares withheld for taxes 615 shares at $989.04 per share October 13, 2026
Shares withheld for taxes 583 shares at $914.13 per share October 15, 2026
Shares withheld for taxes 218 shares at $914.13 per share October 15, 2026
Restricted Stock Awards financial
"Restricted Stock Awards vest in three equal annual installments"
Restricted stock awards are company shares given to employees or executives that cannot be sold or transferred until certain conditions — like staying with the company for a set time or meeting performance targets — are met, like a gift that is locked in a safe until rules are satisfied. Investors care because these awards tie management’s pay to company performance, can increase the number of shares outstanding when they become tradable (dilution), and may signal expected future selling pressure or commitment to long-term growth.
Performance Restricted Stock Units financial
"Performance Restricted Stock Units"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
three-year performance period financial
"with a three-year performance period"
tax withholding obligations financial
"to satisfy tax withholding obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What performance awards did MU's chief accounting officer report?

Scott R. Allen reported two PRSU entries of 8,171 shares each tied to Data Center SSD and HBM3E+ goals, certified at 233% of target, and a 9,081-share entry tied to relative total shareholder return, certified at 150% of target. The shares were earned as of the second year, and all remain subject to vesting until performance goals are certified at the end of year three.

How many MU shares were withheld for taxes, and at what prices?

Allen reported withholding 2,081, 2,686 and 615 shares at $989.04 per share on October 13, 2026, and 583 and 218 shares at $914.13 per share on October 15, 2026. The withholding was to satisfy tax obligations in connection with vesting of previously granted awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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).
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*
ALLEN SCOTT R.

(Last)(First)(Middle)
8000 S. FEDERAL WAY

(Street)
BOISE IDAHO 83716

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
CVP, Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/13/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock10/13/2026A1,012(1)A$0.0035,970D
Common Stock10/13/2026F2,081(2)D$989.0433,889D
Common Stock10/13/2026F2,686(2)D$989.0431,203D
Common Stock10/13/2026F615(2)D$989.0430,588D
Common Stock10/15/2026F583(2)D$914.1330,005D
Common Stock10/15/2026F218(2)D$914.1329,787D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Restricted Stock Units$0.0010/13/2026A8,171 (3) (3)Common Stock8,171$0.008,171D
Performance Restricted Stock Units$0.0010/13/2026A8,171 (3) (3)Common Stock8,171$0.008,171D
Performance Restricted Stock Units$0.0010/13/2026A9,081 (4) (4)Common Stock9,081$0.009,081D
Explanation of Responses:
1. Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.
2. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
3. The Compensation Committee certified achievement of pre-established performance goals related to Data Center SSD and HBM3E+, each at a level of 233% of target under the PRSUs with a three-year performance period previously awarded on October 13, 2024. The payout for the PRSUs (if earned) varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2024. The reported shares represent the shares earned as of the end of the second year of the performance period, 100% of which remain subject to vesting until certification of performance goals at the end of year 3 of the performance period.
4. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 150% of target under the PRSUs with a three-year performance period previously awarded on October 13, 2024. The payout for the PRSUs (if earned) varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2024. The reported shares represent the shares earned as of the end of the second year of the performance period, 100% of which remain subject to vesting until certification of performance goals at the end of year 3 of the performance period.
Remarks:
Mai Lan Bui, Attorney-in-fact10/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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