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Micron Technology (MU) director Robert Swan granted 35 RSUs in lieu of cash

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Form Type
4

Rhea-AI Filing Summary

SWAN ROBERT HOLMES reported acquisition or exercise transactions in this Form 4 filing.

Micron Technology director Robert Holmes Swan received 35 Restricted Stock Units as compensation. The award was granted in lieu of a cash retainer and represents 35 underlying shares of common stock. These director RSUs vest 100% on the grant date, but share delivery is deferred until after he leaves board service.

Following this grant, Swan’s reported derivative holdings in this filing total 35 Restricted Stock Units, held directly.

Positive

  • None.

Negative

  • None.
Insider SWAN ROBERT HOLMES
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 35 $0.00 --
Holdings After Transaction: Restricted Stock Units — 35 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSUs granted 35 units Director grant on 2026-06-30, in lieu of cash retainer
Underlying common shares 35 shares Shares underlying granted Restricted Stock Units
Post-transaction RSU holdings 35 units Total derivative holdings reported following the grant
Grant price per unit $0.00 Compensation award, no cash paid by director
Restricted Stock Units financial
"Director Restricted Stock Units are granted in lieu of cash retainer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
cash retainer financial
"Director Restricted Stock Units are granted in lieu of cash retainer"
deferral election financial
"Pursuant to a deferral election by the Reporting Person, delivery of shares will occur"
separation from service financial
"delivery of shares will occur within 15 days after separation from service"
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Form 4 Insider Transactions: What Each Field Means →
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*
SWAN ROBERT HOLMES
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026		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
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
Restricted Stock Units$0.0006/30/2026A35 (1) (1)Common Stock35$0.0035D
Explanation of Responses:
1. Director Restricted Stock Units are granted in lieu of cash retainer and vest 100% on grant date of award. Pursuant to a deferral election by the Reporting Person, delivery of shares will occur within 15 days after separation from service.
Remarks:
Mai Lan Bui, Attorney-in-fact07/02/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Micron Technology (MU) report for Robert Holmes Swan?

Micron Technology reported that director Robert Holmes Swan received 35 Restricted Stock Units as a compensation award. These units were granted in lieu of a cash retainer and convert into 35 shares of common stock upon delivery after service ends.

How many Micron Technology (MU) Restricted Stock Units did Robert Holmes Swan receive?

Robert Holmes Swan received 35 Restricted Stock Units from Micron Technology. Each unit represents one underlying share of common stock, so the grant covers 35 shares, providing equity-based compensation instead of a traditional cash retainer for board service.

Do Robert Holmes Swan’s Micron (MU) director RSUs vest immediately?

Yes. The director Restricted Stock Units granted to Robert Holmes Swan vest 100% on the grant date. Although they are fully vested immediately, the actual share delivery is deferred until after his separation from service on the Micron board.

When will Micron Technology (MU) deliver shares from Robert Holmes Swan’s RSUs?

Shares from Robert Holmes Swan’s Restricted Stock Units will be delivered within 15 days after his separation from service. This timing follows his deferral election, which delays receipt of the underlying common stock despite immediate vesting at the grant date.

Is Robert Holmes Swan’s Micron (MU) RSU transaction an open-market stock purchase?

No. The 35 Restricted Stock Units were a grant, not an open-market purchase. They were awarded as director compensation in lieu of a cash retainer, with vesting on the grant date and share delivery deferred until after his board service ends.