[Form 4] Micron Technology, Inc. Insider Trading Activity
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.