STOCK TITAN

Micron (MU) CEO Sanjay Mehrotra sells 2,561 shares in pre-set 10b5-1 trades

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Micron Technology President and CEO Sanjay Mehrotra reported open‑market sales of 2,561 shares of Micron common stock on May 29, 2026. The sales were executed in multiple trades at weighted average prices within ranges from $973.39 to $977.955 per share, as disclosed in the footnotes.

These transactions were carried out under a pre‑arranged Rule 10b5‑1 trading plan adopted on January 30, 2026. After the sales, Mehrotra directly holds 384,503 Micron shares and indirectly holds 607,075 shares through grantor retained annuity trusts for the benefit of himself and his family.

Positive

  • None.

Negative

  • None.
Insider MEHROTRA SANJAY
Role President and CEO
Sold 2,561 shs ($2.50M)
Type Security Shares Price Value
Sale Common Stock 560 $973.75 $545K
Sale Common Stock 550 $974.44 $536K
Sale Common Stock 661 $975.57 $645K
Sale Common Stock 166 $976.75 $162K
Sale Common Stock 544 $977.95 $532K
Sale Common Stock 80 $979.37 $78K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 386,504 shares (Direct, null); Common Stock — 607,075 shares (Indirect, GRAT)
Footnotes (1)
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2026. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $973.39 to $974.23 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $974.43 to $974.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $975.49 to $976.21 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $976.575 to $976.84 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $977.735 to $977.955 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
Shares sold 2,561 shares Total Micron common shares sold on May 29, 2026
Direct holdings after sale 384,503 shares Micron common stock held directly by CEO after transactions
Indirect holdings via GRATs 607,075 shares Micron shares held through grantor retained annuity trusts
Sale price range (low) $973.39/share Lowest weighted average sale price range disclosed in footnotes
Sale price range (high) $977.955/share Highest weighted average sale price range disclosed in footnotes
Rule 10b5-1 plan adoption date January 30, 2026 Date CEO adopted trading plan governing reported sales
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 30, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from..."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
grantor retained annuity trusts financial
"Grantor retained annuity trusts are for the benefit of the Reporting Person and his family."
A grantor retained annuity trust (GRAT) is an estate-planning tool where an owner transfers assets into a trust and receives fixed payments back for a set number of years; any remaining assets after that period pass to designated beneficiaries. For investors it matters because it can move future investment growth to heirs while potentially reducing gift and estate taxes — like putting a rising asset in a timed box that pays you first and gives the remaining upside to others.
open-market sale financial
"transaction_action: open-market sale, transaction_code_description: Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
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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).
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*
MEHROTRA SANJAY

(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
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026
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 Stock05/29/2026S(1)560D$973.75(2)386,504D
Common Stock05/29/2026S(1)550D$974.44(3)385,954D
Common Stock05/29/2026S(1)661D$975.57(4)385,293D
Common Stock05/29/2026S(1)166D$976.75(5)385,127D
Common Stock05/29/2026S(1)544D$977.95(6)384,583D
Common Stock05/29/2026S(1)80D$979.37384,503D
Common Stock607,075IGRAT(7)
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
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 January 30, 2026.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $973.39 to $974.23 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $974.43 to $974.76 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $975.49 to $976.21 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $976.575 to $976.84 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $977.735 to $977.955 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
7. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
Remarks:
Due to a 30 line-item limitation in Table 1, this is the second of two Forms 4 filed by the Reporting Person.
Mai Lan Bui, Attorney-in-fact06/02/2026
** 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)

FAQ

What insider transaction did Micron (MU) CEO Sanjay Mehrotra report?

Sanjay Mehrotra reported selling 2,561 shares of Micron common stock in open‑market transactions on May 29, 2026. The trades were executed at weighted average prices within specified ranges around $973–$978 per share, according to the Form 4 footnotes.

At what prices did Micron (MU) CEO Sanjay Mehrotra sell shares?

The Form 4 shows weighted average sale prices with ranges from $973.39 to $977.955 per share. Each price reflects multiple underlying trades within the stated range, and Mehrotra has offered to provide full breakdowns of shares sold at each price upon request.

How many Micron (MU) shares does CEO Sanjay Mehrotra hold after these sales?

Following the reported sales, Sanjay Mehrotra directly holds 384,503 Micron common shares. He also indirectly holds 607,075 shares through grantor retained annuity trusts, which are described as being for the benefit of him and his family in the Form 4 footnotes.

Was Micron (MU) CEO Sanjay Mehrotra’s stock sale under a Rule 10b5-1 plan?

Yes. The Form 4 states the sales were effected under a Rule 10b5‑1 trading plan adopted on January 30, 2026. Such plans allow insiders to pre‑schedule trades, which can make the timing of individual transactions less informative about their views.

What is the role of grantor retained annuity trusts in Micron (MU) CEO holdings?

The filing reports 607,075 Micron shares held indirectly through grantor retained annuity trusts. A footnote explains these trusts are for the benefit of Sanjay Mehrotra and his family, indicating a significant portion of his exposure is structured through these estate‑planning vehicles.