Micron (MU) CEO sells 15,000 shares under Rule 10b5-1 plan
Micron Technology (MU) Form 4: President and CEO Sanjay Mehrotra, also a Director, reported selling a total of 15,000 shares of common stock on 10/01/2025 pursuant to a Rule 10b5-1 trading plan adopted on August 8, 2024.
Rhea-AI Filing Summary
Micron Technology (MU) Form 4: President and CEO Sanjay Mehrotra, also a Director, reported selling a total of 15,000 shares of common stock on 10/01/2025 pursuant to a Rule 10b5-1 trading plan adopted on August 8, 2024.
The sales were executed in three tranches: 9,476 shares at a weighted average price of $180.38, 3,256 shares at $181.32, and 2,268 shares at $182.19, with prices reflecting multiple transactions within disclosed ranges.
Following the transactions, Mehrotra beneficially owns 310,148 shares directly and 675,000 shares indirectly through a grantor retained annuity trust for the benefit of him and his family.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 9,476 | $180.38 | $1.71M |
| Sale | Common Stock | 3,256 | $181.32 | $590K |
| Sale | Common Stock | 2,268 | $182.19 | $413K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. 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.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.00 to $180.9778 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.
- F3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.03 to $181.90 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.
- F4. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.05 to $182.245 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.
- F5. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Was the sale under a Rule 10b5-1 plan?
What is the CEO’s relationship to Micron (MU)?
Who signed the filing and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.