MU Form 4: Executive award vesting and tax withholdings disclosed
Filing Impact
Filing Sentiment
Form Type
4
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
48,865 shares exercised/converted
Mixed
22 txns
Insider
ARNZEN APRIL S
Role
EVP and Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,588 | $187.06 | $297K |
| Exercise | Performance Restricted Stock Units | 5,332 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 5,332 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 8,410 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 10,440 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 10,440 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 8,911 | $0.00 | -- |
| Grant/Award | Common Stock | 16,520 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,335 | $181.60 | $969K |
| Tax Withholding | Common Stock | 3,689 | $181.60 | $670K |
| Exercise | Common Stock | 14,183 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,082 | $181.60 | $1.10M |
| Exercise | Common Stock | 21,808 | $0.00 | -- |
| Tax Withholding | Common Stock | 9,666 | $181.60 | $1.76M |
| Exercise | Common Stock | 12,446 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,345 | $181.60 | $971K |
| Exercise | Common Stock | 10,439 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,907 | $181.60 | $891K |
| Exercise | Common Stock | 10,439 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,907 | $181.60 | $891K |
| Exercise | Common Stock | 8,910 | $0.00 | -- |
| Tax Withholding | Common Stock | 4,188 | $181.60 | $761K |
Holdings After Transaction:
Common Stock — 180,618 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. 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. 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. 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. 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.
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).