Micron (NASDAQ: MU) EVP trades 24,000 shares around $421
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Micron Technology EVP and Chief Business Officer Sumit Sadana reported an open-market sale of 24,000 shares of Common Stock on April 10, 2026. The weighted average sale price was $421.35 per share, with individual trade prices ranging from $421.00 to $421.865. After this transaction, he directly holds 224,021 shares of Micron common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,000 shares ($10,112,400)
Net Sell
1 txn
Insider
Sadana Sumit
Role
EVP and Chief Business Officer
Sold
24,000 shs ($10.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 24,000 | $421.35 | $10.11M |
Holdings After Transaction:
Common Stock — 224,021 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 24,000 shares
Weighted average sale price: $421.35 per share
Sale price range: $421.00–$421.865 per share
+1 more
4 metrics
Shares sold
24,000 shares
Open-market sale of Common Stock on April 10, 2026
Weighted average sale price
$421.35 per share
Reported price in Form 4 column for April 10, 2026 sale
Sale price range
$421.00–$421.865 per share
Range of individual trade prices on April 10, 2026
Shares owned after transaction
224,021 shares
Direct ownership following the sale on April 10, 2026
Key Terms
open-market sale, weighted average price, Common Stock, direct ownership
4 terms
open-market sale financial
"transaction_action is described as an open-market sale of Common Stock"
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.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
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.
Common Stock financial
"security_title is listed as Common Stock for the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
direct ownership financial
"ownership code D indicates direct ownership following the transaction"
FAQ
What insider transaction did Micron Technology (MU) report for Sumit Sadana?
Micron Technology reported that EVP and Chief Business Officer Sumit Sadana sold 24,000 shares of Common Stock in an open-market transaction on April 10, 2026. This is disclosed in a Form 4 insider filing with post-transaction direct ownership of 224,021 shares.
Was Sumit Sadana’s Micron (MU) trade a direct or indirect ownership transaction?
The Form 4 indicates the transaction involved directly held shares, marked with ownership code “D” for direct. There is no disclosure of intermediating entities or indirect ownership structures associated with this particular 24,000-share open-market sale.