Micron MU insider Form 4 shows award vesting and tax withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Micron Technology (MU) filed a Form 4 for its EVP, CTO and Products Officer, reporting multiple equity award settlements and related tax withholdings. On 10/13/2025, the officer acquired common stock via award vesting and PRSU settlements at $0.00 (codes A and M), including entries of 25,468, 20,486, 31,499, 17,977, 15,137, 15,137, and 12,920 shares. To cover taxes, shares were withheld (code F) at $181.60 on several entries and at $187.06 on 10/15/2025 for 2,293 shares.
Following these transactions, directly held common stock was 236,145 shares. The company’s Compensation Committee certified performance for PRSUs at 233% and 128% of target for 2022 awards and 233% and 111% for 2023 awards, subject to award-specific limits and vesting terms.
Positive
- None.
Negative
- None.
Insights
Administrative equity vesting with tax withholding; neutral impact.
The filing lists award-related acquisitions at $0.00 as PRSUs and RSUs vested and settled into common stock, paired with share withholdings (code F) at $181.60 and $187.06 to satisfy taxes. These are non‑open‑market transactions typical for executive equity programs.
Performance certifications drove PRSU payouts: 2022 awards included metrics at 233% and 128% of target; 2023 awards included 233% and 111%, all within stated caps and vesting provisions. Direct holdings after the reported activity were 236,145 shares.
Insider Trade Summary
70,746 shares exercised/converted
Mixed
22 txns
Insider
Deboer Scott J
Role
EVP, CTO and Products Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,293 | $187.06 | $429K |
| Exercise | Performance Restricted Stock Units | 7,702 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 7,702 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 12,147 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 15,137 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 15,137 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 12,921 | $0.00 | -- |
| Grant/Award | Common Stock | 25,468 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,735 | $181.60 | $1.40M |
| Tax Withholding | Common Stock | 5,742 | $181.60 | $1.04M |
| Exercise | Common Stock | 20,486 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,785 | $181.60 | $1.60M |
| Exercise | Common Stock | 31,499 | $0.00 | -- |
| Tax Withholding | Common Stock | 13,961 | $181.60 | $2.54M |
| Exercise | Common Stock | 17,977 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,720 | $181.60 | $1.40M |
| Exercise | Common Stock | 15,137 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,115 | $181.60 | $1.29M |
| Exercise | Common Stock | 15,137 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,115 | $181.60 | $1.29M |
| Exercise | Common Stock | 12,920 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,073 | $181.60 | $1.10M |
Holdings After Transaction:
Common Stock — 236,145 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct)
Footnotes (1)
- Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards. The Compensation Committee certified achievement of pre-established performance goals related to DRAM revenue and Data Center NAND each at a level of 233% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period which remained subject to vesting vested upon certification of the achievement of performance goals at the end of year 3 of the performance period. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 128% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2022. As reported at grant, the PRSUs could result in a payout (if earned) that varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2022. 100% of any shares earned as a result of the achievement of the performance goals measured at the end of year 3 of the performance period as well as certain unvested shares earned as a result of the achievement of performance goals measured at the end of year 2 of the performance period (which remained subject to vesting) vested upon certification of the achievement of performance goals at the end of year 3 of the performance period. The Compensation Committee certified achievement of pre-established performance goals related to High Growth-Segments and HBM3E+ each at a level of 233% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2023. The payout for the PRSUs (if earned) varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2023. The reported shares represent the shares earned, 50% of which vested upon certification of the performance at the end of year 2 of the performance period and 50% remain subject to vesting until the certification of performance goals at the end of year 3 of the performance period. The Compensation Committee certified achievement of pre-established performance goals related to relative total shareholder return at a level of 111% of target under the performance-based restricted stock units ("PRSU") with a 3-year performance period previously awarded on October 13, 2023. The payout for the PRSUs (if earned) varies (starting at 0%) based on actual achievement of the goals, subject to a 200% aggregate limit on the total target shares that may be received under the PRSUs awarded on October 13, 2023. The reported shares represent the shares earned, 50% of which vested upon certification of the performance at the end of year 2 of the performance period and 50% remain subject to vesting until the certification of performance goals at the end of year 3 of the performance period.
FAQ
What did Micron (MU) disclose in this Form 4?
An officer reported equity award vesting/settlements at $0.00 per share and tax withholdings via share forfeiture at $181.60 and $187.06.
What do the Form 4 transaction codes A, M, and F indicate?
A: award/vesting; M: derivative-to-common settlement; F: shares withheld to satisfy taxes on vesting.
Were the transactions open-market buys or sells?
No. They reflect award vesting/settlements at $0.00 and share withholding for taxes, not open‑market trades.
What performance levels were certified for Micron PRSUs?
For 2022 awards: 233% and 128% of target. For 2023 awards: 233% and 111% of target, subject to plan limits.