STOCK TITAN

Micron's Mehrotra Holds Strong Position Despite $900K Stock Sale

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sanjay Mehrotra, President, CEO and Director of Micron Technology, reported multiple sales of common stock through a pre-planned Rule 10b5-1 trading plan established on August 8, 2024. The transactions occurred on June 16-17, 2025, with details as follows:

  • June 16: Sold 2,290 shares at weighted average price of $120.31
  • June 17: Multiple sales totaling 5,210 shares: - 1,094 shares at $119.97 - 1,517 shares at $120.70 - 2,277 shares at $122.19 - 322 shares at $123.12

Following these transactions, Mehrotra directly owns 379,675 shares and indirectly owns 675,000 shares through a GRAT (Grantor Retained Annuity Trust) for the benefit of himself and family. The systematic sales appear to be part of regular portfolio management through a pre-established trading plan, which helps avoid concerns about insider trading.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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 ID 83716

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
3. Date of Earliest Transaction (Month/Day/Year)
06/16/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 06/16/2025 S(1) 2,290 D $120.31(2) 384,885 D
Common Stock 06/17/2025 S(1) 1,094 D $119.97(3) 383,791 D
Common Stock 06/17/2025 S(1) 1,517 D $120.7(4) 382,274 D
Common Stock 06/17/2025 S(1) 2,277 D $122.19(5) 379,997 D
Common Stock 06/17/2025 S(1) 322 D $123.12 379,675 D
Common Stock 675,000 I GRAT(6)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount 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 August 8, 2024.
2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.02 to $120.92 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 $119.365 to $120.35 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 $120.44 to $121.17 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 $121.815 to $122.795 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. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
Remarks:
Mai Lan Bui, Attorney-in-fact 06/18/2025
** Signature of Reporting Person Date
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.

FAQ

How many MU shares did CEO Sanjay Mehrotra sell in June 2025?

CEO Sanjay Mehrotra sold a total of 7,500 shares of Micron (MU) common stock across multiple transactions on June 16-17, 2025. This included 2,290 shares on June 16 and several transactions on June 17 totaling 5,210 shares.

What was the price range of MU stock sales by CEO Mehrotra on June 17, 2025?

On June 17, 2025, CEO Mehrotra sold MU shares at prices ranging from $119.365 to $123.12 per share across multiple transactions. The weighted average prices for different blocks were $119.97, $120.70, $122.19, and $123.12.

How many MU shares does CEO Sanjay Mehrotra own after the June 2025 transactions?

After the reported transactions, CEO Sanjay Mehrotra directly owns 379,675 shares of MU common stock. Additionally, he indirectly owns 675,000 shares through a Grantor Retained Annuity Trust (GRAT) for the benefit of himself and his family.

Was MU CEO Mehrotra's stock sale planned in advance?

Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that CEO Mehrotra adopted on August 8, 2024. This type of plan allows insiders to pre-schedule trades to avoid accusations of trading on material non-public information.
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