STOCK TITAN

Micron Technology (NASDAQ: MU) EVP sells 3,407 common shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Micron Technology EVP Michael D. Cordano reported an open-market sale of company stock. On April 9, 2026, he sold 3,407 shares of Micron Technology common stock at a price of $420.81 per share in a non-derivative, open-market transaction.

After this sale, Cordano directly holds 47,466 shares of Micron common stock. A footnote explains that his holdings include 192.411 shares acquired on January 30, 2026 under the Micron Technology, Inc. Employee Stock Purchase Plan, a transaction that was exempt from separate reporting under Rules 16a-3(f)(1)(i)(B) and 16b-3(c).

Positive

  • None.

Negative

  • None.
Insider CORDANO MICHAEL D
Role EVP, Worldwide Sales
Sold 3,407 shs ($1.43M)
Type Security Shares Price Value
Sale Common Stock 3,407 $420.81 $1.43M
Holdings After Transaction: Common Stock — 47,466 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares sold 3,407 shares Open-market sale of common stock on April 9, 2026
Sale price per share $420.81 per share Price for the 3,407 common shares sold
Shares held after transaction 47,466 shares Direct Micron common stock holdings after the sale
ESPP shares included 192.411 shares Shares acquired January 30, 2026 under Employee Stock Purchase Plan
open-market sale financial
"transaction_action: "open-market sale" for Micron 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.
Employee Stock Purchase Plan financial
"shares acquired under the Micron Technology, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rules 16a3(f)(1)(i)(B) regulatory
"acquisition is exempt from reporting under Rules 16a3(f)(1)(i)(B) and 16b-3(c)"
16b-3(c) regulatory
"acquisition is exempt from reporting under Rules 16a3(f)(1)(i)(B) and 16b-3(c)"
SEC Form 4
FORM 4UNITED 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).
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*
CORDANO MICHAEL D

(Last)(First)(Middle)
8000 S. FEDERAL WAY

(Street)
BOISE IDAHO 83716

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Worldwide Sales
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/09/2026S3,407D$420.8147,466(1)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 192.411 shares acquired on January 30, 2026 under the Micron Technology, Inc. Employee Stock Purchase Plan, which acquisition is exempt from reporting under Rules 16a3(f)(1)(i)(B) and 16b-3(c).
Remarks:
Mai Lan Bui, Attorney-in-fact04/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Micron (MU) report for Michael D. Cordano?

Micron reported that EVP of Worldwide Sales Michael D. Cordano sold 3,407 shares of common stock in an open-market transaction at $420.81 per share, and now directly holds 47,466 Micron shares following the sale.

At what price did Micron (MU) EVP Michael D. Cordano sell his shares?

Michael D. Cordano sold 3,407 Micron common shares at $420.81 per share. This was reported as a non-derivative, open-market sale, meaning the transaction involved regular common stock trading rather than options or other derivative securities.

How many Micron (MU) shares does Michael D. Cordano own after the reported sale?

Following the reported sale, Michael D. Cordano directly owns 47,466 shares of Micron common stock. This figure includes shares previously acquired through the company’s employee stock purchase plan, as noted in the related footnote disclosure.

What does the footnote about Micron (MU) Employee Stock Purchase Plan mean?

The footnote states that 192.411 of Michael D. Cordano’s shares were acquired on January 30, 2026 under Micron’s Employee Stock Purchase Plan. That acquisition was exempt from separate reporting under SEC Rules 16a-3(f)(1)(i)(B) and 16b-3(c).

Was Michael D. Cordano’s Micron (MU) stock transaction an open-market sale?

Yes. The filing classifies the transaction as an open-market sale of common stock. It uses transaction code “S” and describes the action as a non-derivative open-market sale, indicating ordinary share trading rather than option exercises or gifts.