MU Form 4: Executive award vesting and tax withholdings disclosed
Rhea-AI Filing Summary
Micron Technology (MU): Executive equity transactions reported. The EVP and Chief People Officer reported multiple award vestings and related tax withholdings on 10/13/2025, with an additional tax withholding on 10/15/2025. These included 16,520 shares from restricted stock awards and shares delivered from performance-based RSUs, while shares were withheld to cover taxes at $181.60 on 10/13 and $187.06 on 10/15. Following the reported transactions, beneficial ownership stood at 180,618 shares held directly.
The Compensation Committee certified performance for prior PRSU grants: DRAM revenue and Data Center NAND at 233% of target (2022 grant), relative total shareholder return at 128% of target (2022 grant), High Growth-Segments and HBM3E+ at 233% of target (2023 grant), and relative total shareholder return at 111% of target (2023 grant).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 49,038 shares
Net Buy
22 txns
Insider
ARNZEN APRIL S
Role
EVP and Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,588 | $187.06 | $297K |
| Exercise | Performance Restricted Stock Units | 5,332 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 5,332 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 8,410 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 10,440 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 10,440 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 8,911 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 16,520 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,335 | $181.60 | $969K |
| Exercise Price or Tax Liability | Common Stock | 3,689 | $181.60 | $670K |
| Exercise | Common Stock | 14,183 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,082 | $181.60 | $1.10M |
| Exercise | Common Stock | 21,808 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 9,666 | $181.60 | $1.76M |
| Exercise | Common Stock | 12,446 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 5,345 | $181.60 | $971K |
| Exercise | Common Stock | 10,439 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,907 | $181.60 | $891K |
| Exercise | Common Stock | 10,439 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,907 | $181.60 | $891K |
| Exercise | Common Stock | 8,910 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 4,188 | $181.60 | $761K |
Holdings After Transaction:
Performance Restricted Stock Units — 29,791 shares (Direct);
Common Stock — 180,618 shares (Direct)
Footnotes (6)
- F1. Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.
- F2. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
- F3. The Compensation Committee certified achievement of pre-established performance goals related to DRAM revenue and Data Center NAND each at a level of 233% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that 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, 2022. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals at the end of year 3 of the performance period.
- F4. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 128% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that 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, 2022. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period (which remained subject to vesting) vested upon certification of the achievement of performance goals at the end of year 3 of the performance period.
- F5. The Compensation Committee certified achievement of pre-established performance goals related to High Growth-Segments and HBM3E+ each at a level of 233% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2023. 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, 2023. The reported shares represent the shares earned, 50% of which vested upon certification of the performance at the end of year 2 of the performance period and 50% remain subject to vesting until the certification of performance goals at the end of year 3 of the performance period.
- F6. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 111% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2023. 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, 2023. The reported shares represent the shares earned, 50% of which vested upon certification of the performance at the end of year 2 of the performance period and 50% remain subject to vesting until the certification of performance goals at the end of year 3 of the performance period.
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FAQ
What did Micron (MU) disclose in this Form 4?
The EVP and Chief People Officer reported award vestings and share withholdings for taxes tied to restricted stock and performance-based RSUs.
When did the Micron (MU) transactions occur?
Transactions occurred on 10/13/2025, with an additional tax withholding on 10/15/2025.
What prices were used for tax withholdings in the MU Form 4?
Shares were withheld at $181.60 on 10/13/2025 and $187.06 on 10/15/2025.
What PRSU performance levels were certified for MU awards?
Certified at 233% (DRAM revenue & Data Center NAND, 2022 grant), 128% (TSR, 2022 grant), 233% (High Growth-Segments & HBM3E+, 2023 grant), and 111% (TSR, 2023 grant).
Were the acquisitions sales or vestings?
They reflect vestings/conversions (code M) and restricted stock vesting (acquisitions at $0.00), with share withholdings for taxes (code F).