[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 executed under a Rule 10b5-1 trading plan adopted August 8, 2024. On 09/18/2025 and 09/19/2025 he sold a total of 15,000 shares of Micron common stock in multiple transactions at weighted-average prices ranging roughly from $159.73 to $170.18 per share. Following these dispositions, the reporting person directly beneficially owned 325,148 shares. He also holds an indirect interest of 675,000 shares through a grantor retained annuity trust for his family. The Form 4 was signed by an attorney-in-fact on 09/22/2025.

Insights

Financial Analyst

TL;DR: CEO sold 15,000 MU shares under a pre-established 10b5-1 plan; holdings remain substantial with material indirect ownership.

The sales were executed under a Rule 10b5-1 plan, which typically indicates scheduled, pre-authorized transactions rather than opportunistic timing by management. The total sold, 15,000 shares, reduced direct holdings to 325,148 shares while an indirect position of 675,000 shares remains via a GRAT. From an investor-impact perspective, these transactions represent routine liquidity activity by an insider and do not change control or reveal new operational information.

Corporate Governance Expert

TL;DR: Transactions appear procedurally compliant; 10b5-1 adoption and detailed pricing disclosures support governance transparency.

The filing discloses the 10b5-1 trading plan adoption date and provides weighted-average price ranges for the multiple trades, demonstrating disclosure thoroughness. The retention of a large indirect stake via a grantor retained annuity trust suggests continued alignment with shareholders. No departures, option exercises, or other governance events are disclosed, so this filing constitutes routine insider liquidity rather than a governance concern.

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).

X

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^*

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)
09/18/2025

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	09/18/2025		S(1)		1,202	D	$170.18(2)	338,946	D
Common Stock	09/19/2025		S(1)		363	D	$159.73(3)	338,583	D
Common Stock	09/19/2025		S(1)		3,396	D	$160.91(4)	335,187	D
Common Stock	09/19/2025		S(1)		2,157	D	$162.11(5)	333,030	D
Common Stock	09/19/2025		S(1)		7,882	D	$162.89(6)	325,148	D
Common Stock								675,000	I	GRAT(7)

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 $170.01 to $170.33 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 $159.49 to $160.43 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. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $160.50 to $161.41 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.

5. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.53 to $162.52 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.

6. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $162.56 to $163.4989 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.

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

Remarks:

	Mai Lan Bui, Attorney-in-fact	09/22/2025
	** Signature of Reporting Person	Date
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