MU insider update: PRSUs convert; direct ownership at 350,109

Rhea-AI Filing Summary

Micron Technology (MU) reported insider equity activity by an officer (EVP, Global Operations). On 10/13/2025, multiple equity awards vested and converted to common stock, and shares were withheld to cover taxes. Withholding transactions were executed at $181.6 per share on 10/13 and at $187.06 on 10/15. Following the reported transactions, the officer beneficially owned 350,109 shares, held directly.

Performance-based RSUs converted to shares after the Compensation Committee certified pre-established goals: 233% of target tied to DRAM revenue and Data Center NAND, 128% tied to relative total shareholder return, and PRSUs from 2023 with outcomes of 233% (High Growth-Segments and HBM3E+) and 111% (relative TSR). Certain earned shares vested upon certification per plan terms.

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).

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^*

BHATIA MANISH H

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Global Operations

3. Date of Earliest Transaction (Month/Day/Year)
10/13/2025

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	10/13/2025		A		30,286(1)	A	$0.00	302,043	D
Common Stock	10/13/2025		F		10,921(2)	D	$181.6	291,122	D
Common Stock	10/13/2025		F		7,521(2)	D	$181.6	283,601	D
Common Stock	10/13/2025		M		26,002(3)	A	$0.00	309,603	D
Common Stock	10/13/2025		F		12,744(2)	D	$181.6	296,859	D
Common Stock	10/13/2025		M		39,980(3)	A	$0.00	336,839	D
Common Stock	10/13/2025		F		20,170(2)	D	$181.6	316,669	D
Common Stock	10/13/2025		M		22,818(4)	A	$0.00	339,487	D
Common Stock	10/13/2025		F		11,197(2)	D	$181.6	328,290	D
Common Stock	10/13/2025		M		18,790(5)	A	$0.00	347,080	D
Common Stock	10/13/2025		F		9,984(2)	D	$181.6	337,096	D
Common Stock	10/13/2025		M		18,790(5)	A	$0.00	355,886	D
Common Stock	10/13/2025		F		9,984(2)	D	$181.6	345,902	D
Common Stock	10/13/2025		M		16,039(6)	A	$0.00	361,941	D
Common Stock	10/13/2025		F		8,522(2)	D	$181.6	353,419	D
Common Stock	10/15/2025		F		3,310(2)	D	$187.06	350,109	D

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
Performance Restricted Stock Units	$0.00	10/13/2025		M			9,775	(3)	(3)	Common Stock	26,002(3)	$0.00	0.00	D
Performance Restricted Stock Units	$0.00	10/13/2025		M			9,775	(3)	(3)	Common Stock	39,980(3)	$0.00	0.00	D
Performance Restricted Stock Units	$0.00	10/13/2025		M			15,417	(4)	(4)	Common Stock	22,818(4)	$0.00	0.00	D
Performance Restricted Stock Units	$0.00	10/13/2025		M		18,791		(5)	(5)	Common Stock	18,791(5)	$0.00	18,791	D
Performance Restricted Stock Units	$0.00	10/13/2025		M		18,791		(5)	(5)	Common Stock	18,791(5)	$0.00	18,971	D
Performance Restricted Stock Units	$0.00	10/13/2025		M		16,040		(6)	(6)	Common Stock	16,040(6)	$0.00	16,040	D

Explanation of Responses:

1. Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.

2. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.

3. 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.

4. 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.

5. 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.

6. 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.

Remarks:

	Mai Lan Bui, Attorney-in-fact	10/15/2025
	** 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 MU disclose in this Form 4?

An MU officer (EVP, Global Operations) reported vesting and conversions of equity awards, tax-share withholdings, and updated direct ownership to 350,109 shares.

When did the transactions occur for MU?

Transactions occurred on 10/13/2025, with an additional tax withholding on 10/15/2025.

What share prices were used for MU’s tax withholdings?

Shares were withheld at $181.6 on 10/13/2025 and $187.06 on 10/15/2025.

How many MU shares are beneficially owned after these transactions?

The filing shows 350,109 MU shares beneficially owned, held directly.

What performance outcomes drove MU’s PRSU conversions?

Committee certifications included 233% (DRAM revenue, Data Center NAND), 128% (relative TSR for 2022 awards), 233% (High Growth-Segments, HBM3E+), and 111% (relative TSR for 2023 awards).

Were any MU shares acquired for cash in these transactions?

Reported acquisitions reflect equity vesting/conversions at $0.00 per share; share withholdings covered taxes at stated prices.