MU Form 4: Mehrotra Disposes 7,500 Shares Under 10b5-1 Plan
Rhea-AI Filing Summary
Sanjay Mehrotra, President and CEO and a director of Micron Technology (MU), reported sales of Micron common stock on 09/05/2025 under a pre-established Rule 10b5-1 trading plan adopted August 8, 2024. The filing discloses two reported dispositions: 4,174 shares sold at a weighted-average price of $130.54 (prices ranged $130.01–$130.7959) and 3,326 shares sold at a weighted-average price of $131.19 (prices ranged $131.125–$131.355). Following those transactions the report shows direct beneficial ownership figures of 365,974 and 362,648 shares respectively. In addition, the reporting person has indirect beneficial ownership of 675,000 shares held in a grantor retained annuity trust for the benefit of the reporting person and his family. The Form 4 was signed by an attorney-in-fact on 09/09/2025.
Positive
- Sales were executed pursuant to a Rule 10b5-1 trading plan adopted on 08/08/2024, indicating pre-established instructions.
- Form 4 discloses detailed pricing information including weighted-average prices and explicit price ranges for the multiple transactions.
- Filing reports both direct and indirect beneficial ownership, including 675,000 shares held in a grantor retained annuity trust.
Negative
- The reporting person, who is President and CEO and a director, disposed of a total of 7,500 shares on 09/05/2025.
- Direct beneficial ownership declined to reported figures of 365,974 and 362,648 shares following the reported transactions.
Insights
TL;DR: Insider sales were pre-planned under a 10b5-1 program; disclosure is routine but material to ownership and governance transparency.
The Form 4 shows Sanjay Mehrotra, serving as both President and CEO and a director, executed small-scale disposals of Micron shares on 09/05/2025 under a Rule 10b5-1 trading plan adopted 08/08/2024. The filing provides weighted-average prices and price ranges for the multiple transactions and discloses both direct and indirect beneficial ownership, including 675,000 shares in a grantor retained annuity trust. From a governance perspective, clear disclosure and use of a 10b5-1 plan reduce questions about opportunistic timing; the filing appropriately documents the nature of indirect holdings and the signatory authority.
TL;DR: Reported sales are modest relative to total holdings; prices were around $130–$131 and the filings include specific weighted averages and ranges.
The transactions total 7,500 shares sold in multiple executions at weighted-average prices of $130.54 and $131.19, with disclosed price ranges for each sale series. Reported direct beneficial ownership figures following the transactions are 365,974 and 362,648 shares, with an indirect holding of 675,000 shares via a GRAT. These precise figures allow investors to update insider ownership metrics; however, the filing contains no additional operational or financial information about Micron itself.
FAQ
What transactions did Sanjay Mehrotra (MU) report on the Form 4?
Were the sales part of a pre-established trading plan for MU insider?
How many Micron shares does the filing show Sanjay Mehrotra beneficially owning?
What price ranges were the reported MU share sales executed at?
Who signed the Form 4 for the reporting person and when?