Micron (MU) CEO Sanjay Mehrotra sells 2,561 shares in pre-set 10b5-1 trades
Filing Impact
Filing Sentiment
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 Trade Summary 10b5-1
Net Seller: 2,561 shares ($2,498,589)
Net Sell
7 txns
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)
- 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.
Key Figures
Shares sold: 2,561 shares
Direct holdings after sale: 384,503 shares
Indirect holdings via GRATs: 607,075 shares
+3 more
6 metrics
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
Key Terms
Rule 10b5-1 trading plan, weighted average price, grantor retained annuity trusts, open-market sale
4 terms
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.
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.
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.