[Form 4] MICRON TECHNOLOGY INC Insider Trading Activity

Rhea-AI Filing Summary

Sanjay Mehrotra, President, CEO and a director of Micron Technology (MU), reported insider sales and current holdings. On 09/15/2025 and 09/16/2025 he sold a total of 7,500 shares in multiple transactions under a Rule 10b5-1 trading plan adopted August 8, 2024, with reported weighted-average prices in the ranges $157.37–$159.26 and a separate sale at $160.04. Following these transactions he directly beneficially owns 340,148 shares and is the indirect beneficial owner of 675,000 shares held in a grantor retained annuity trust for his family. The Form 4 discloses sales were effected pursuant to the pre-established trading plan and provides weighted-average price ranges for the bundled transactions.

Positive

• Sales executed under a Rule 10b5-1 trading plan, indicating pre-established, compliant execution
• Significant retained ownership: 340,148 shares direct and 675,000 shares indirect via a GRAT
• Clear disclosure of weighted-average price ranges and willingness to provide per-trade breakdown to the SEC or issuer

Negative

• Insider sold 7,500 shares across 09/15/2025–09/16/2025, which may be viewed as executive liquidity
• Weighted-average sale prices ranged around $157.37–$160.04, reflecting realized dispositions during the reporting period

Insights

Financial Analyst

TL;DR: Insider sales were executed under a 10b5-1 plan; meaningful retained ownership remains via direct and GRAT holdings.

The reported disposals total 7,500 shares executed on 09/15–09/16/2025 under a Rule 10b5-1 plan, with weighted-average prices reported between approximately $157.37 and $160.04. Post-transaction, Mehrotra retains 340,148 shares directly and 675,000 shares indirectly via a GRAT. From an investor-impact perspective, the filing shows orderly sales under a pre-established plan rather than opportunistic sales, while substantial retained holdings preserve alignment with shareholders.

Corporate Governance Expert

TL;DR: Disclosure follows standard governance practice; sales under a documented 10b5-1 plan reduce information asymmetry.

The Form 4 clearly states the sales were effected pursuant to a 10b5-1 plan adopted August 8, 2024, which supports compliance with insider trading policies. The filing also discloses indirect ownership via a grantor retained annuity trust for the benefit of the reporting person and family, demonstrating continued economic interest. This combination—preplanned sales plus significant retained stakes—aligns with common governance norms for executive liquidity while maintaining long-term alignment.

SEC Form 4

FORM 4

UNITED 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).

1. Name and Address of Reporting Person^*

MEHROTRA SANJAY

(Last) (First) (Middle)

8000 S. FEDERAL WAY

(Street)

BOISE ID 83716

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/15/2025		S(1)		181	D	$160.04	347,467	D
Common Stock	09/16/2025		S(1)		4,249	D	$157.97(2)	343,218	D
Common Stock	09/16/2025		S(1)		3,070	D	$158.74(3)	340,148	D
Common Stock								675,000	I	GRAT(4)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $157.3662 to $158.3046 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.

3. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.3756 to $159.255 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.

4. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.

Remarks:

	Mai Lan Bui, Attorney-in-fact	09/17/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Micron (MU) insider Sanjay Mehrotra report on Form 4?

The Form 4 reports that Sanjay Mehrotra sold a total of 7,500 shares340,148 shares directly and 675,000 shares indirectly via a GRAT.

Were the sales by MU's CEO part of a trading plan?

Yes. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted August 8, 2024, as disclosed in the Form 4.

What prices were reported for the MU insider sales?

The Form 4 lists a weighted-average price of $160.04 for a 09/15/2025 sale and weighted-average prices in ranges between $157.3662–$158.3046 and $158.3756–$159.255 for 09/16/2025 transactions.

How many shares does the reporting person still control indirectly?

The filing discloses 675,000 shares

Who filed the Form 4 for Sanjay Mehrotra and when was it signed?

The Form 4 lists Mai Lan Bui, Attorney-in-fact as signing the filing on 09/17/2025.