Micron Technology (MU) CEO completes pre-planned sale of 40,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Micron Technology President and CEO Sanjay Mehrotra reported open-market sales of 40,000 shares of Common Stock on May 1, 2026, according to a Form 4 filing. The transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on January 30, 2026.
The sales occurred in multiple trades at weighted-average prices, including transactions reported at $511.91 and $545.39 per share. Following these sales, Mehrotra directly owns 464,000 shares of Micron stock and indirectly owns 607,075 shares through grantor retained annuity trusts for the benefit of him and his family.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares ($21,450,555)
Net Sell
28 txns
Insider
MEHROTRA SANJAY
Role
President and CEO
Sold
40,000 shs ($21.45M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 503 | $511.91 | $257K |
| Sale | Common Stock | 271 | $514.41 | $139K |
| Sale | Common Stock | 187 | $516.04 | $96K |
| Sale | Common Stock | 237 | $516.62 | $122K |
| Sale | Common Stock | 213 | $518.52 | $110K |
| Sale | Common Stock | 107 | $519.72 | $56K |
| Sale | Common Stock | 236 | $524.19 | $124K |
| Sale | Common Stock | 394 | $525.36 | $207K |
| Sale | Common Stock | 224 | $526.72 | $118K |
| Sale | Common Stock | 602 | $527.63 | $318K |
| Sale | Common Stock | 1,193 | $529.05 | $631K |
| Sale | Common Stock | 2,227 | $529.92 | $1.18M |
| Sale | Common Stock | 3,184 | $530.84 | $1.69M |
| Sale | Common Stock | 2,766 | $531.97 | $1.47M |
| Sale | Common Stock | 1,649 | $532.89 | $879K |
| Sale | Common Stock | 931 | $534.06 | $497K |
| Sale | Common Stock | 1,116 | $534.92 | $597K |
| Sale | Common Stock | 1,075 | $536.08 | $576K |
| Sale | Common Stock | 745 | $537.21 | $400K |
| Sale | Common Stock | 1,632 | $538.45 | $879K |
| Sale | Common Stock | 3,538 | $539.28 | $1.91M |
| Sale | Common Stock | 2,870 | $540.30 | $1.55M |
| Sale | Common Stock | 7,854 | $541.44 | $4.25M |
| Sale | Common Stock | 4,026 | $542.24 | $2.18M |
| Sale | Common Stock | 1,439 | $543.22 | $782K |
| Sale | Common Stock | 672 | $544.58 | $366K |
| Sale | Common Stock | 109 | $545.39 | $59K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 464,000 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 $526.175 to $527.05 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 $527.23 to $528.155 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 $528.36 to $529.34 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 $529.395 to $530.38 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 $530.42 to $531.40 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 $531.465 to $532.355 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 $532.51 to $533.50 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 $533.615 to $534.52 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 $534.625 to $535.405 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 $535.63 to $536.53 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 $511.59 to $512.00 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 $536.79 to $537.76 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 $537.825 to $538.80 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 $538.83 to $539.82 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 $539.845 to $540.83 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 $540.85 to $541.845 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 $541.86 to $542.84 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 $542.87 to $543.6525 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 $544.09 to $545.00 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. The number of shares held reflects the transfers, on February 12, 2026 and April 28, 2026, of an aggregate of 67,925 shares of Common Stock from a grantor retained annuity trust to a revocable trust. Both trusts are the benefit of the Reporting Person and his family. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $513.99 to $514.80 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 $515.425 to $516.255 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 $516.60 to $517.105 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 $517.89 to $518.81 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 $523.985 to $524.935 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 $525.01 to $525.87 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.
Key Figures
Shares sold: 40,000 shares
Direct holdings after sale: 464,000 shares
Indirect GRAT holdings: 607,075 shares
+2 more
5 metrics
Shares sold
40,000 shares
Total Common Stock sold in open-market transactions on May 1, 2026
Direct holdings after sale
464,000 shares
Common Stock directly owned by Sanjay Mehrotra following reported sales
Indirect GRAT holdings
607,075 shares
Common Stock held indirectly through grantor retained annuity trusts
Example sale price
<money>$545.39</money> per share
One reported open-market sale price for Common Stock on May 1, 2026
Rule 10b5-1 plan adoption date
<date>January 30, 2026</date>
Date Sanjay Mehrotra adopted the trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, weighted average price, grantor retained annuity trusts, Form 4, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
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..."
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.
Form 4 regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"transaction_action": "open-market sale""
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 activity did Micron Technology (MU) report for CEO Sanjay Mehrotra?
Micron CEO Sanjay Mehrotra reported open-market sales of 40,000 shares of Common Stock on May 1, 2026. These trades were disclosed on Form 4 and were executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 30, 2026.
What indirect Micron (MU) holdings does CEO Sanjay Mehrotra report on the Form 4?
The Form 4 reports 607,075 Micron shares held indirectly through grantor retained annuity trusts (GRATs). A footnote explains these GRATs are for the benefit of Mehrotra and his family, highlighting additional long-term exposure beyond his directly held 464,000 shares.