STOCK TITAN

MU insider Form 4 shows PRSU vesting and tax withholding trades

Filing Impact
(Very High)
Filing Sentiment
(Very Negative)
Form Type
4

Rhea-AI Filing Summary

Micron Technology (MU) reported insider activity on Form 4 for its President and CEO (also a director) covering transactions on 10/13/2025 and 10/15/2025. The filing shows common stock acquired at $0.00 upon vesting/settlement of performance-based restricted stock units (Transaction Code “M”), including 115,092 and 74,852 shares, among other entries.

The insider had shares withheld to cover taxes (Code “F”) at $181.6 on multiple entries and at $187.06 on 10/15/2025, with examples including 58,064 and 34,249 shares. Following the reported transactions, the insider directly owned 501,578 shares and indirectly held 675,000 shares through a GRAT.

According to the explanations, the Compensation Committee certified achievement levels for PRSUs previously awarded, including 233% of target for DRAM revenue and Data Center NAND, 128% for relative total shareholder return (2022 awards), and 233%/111% for High Growth-Segments, HBM3E+, and relative TSR (2023 awards), with vesting mechanics as described.

Positive

  • None.

Negative

  • None.
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*
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)
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 57,819(1) A $0.00 330,467 D
Common Stock 10/13/2025 F 20,173(2) D $181.6 310,294 D
Common Stock 10/13/2025 F 14,052(2) D $181.6 296,242 D
Common Stock 10/13/2025 M 74,852(3) A $0.00 371,094 D
Common Stock 10/13/2025 F 36,685(2) D $181.6 334,409 D
Common Stock 10/13/2025 M 115,092(3) A $0.00 449,501 D
Common Stock 10/13/2025 F 58,064(2) D $181.6 391,437 D
Common Stock 10/13/2025 M 65,686(4) A $0.00 457,123 D
Common Stock 10/13/2025 F 32,233(2) D $181.6 424,890 D
Common Stock 10/13/2025 M 64,462(5) A $0.00 489,352 D
Common Stock 10/13/2025 F 34,249(2) D $181.6 455,103 D
Common Stock 10/13/2025 M 64,462(5) A $0.00 519,565 D
Common Stock 10/13/2025 F 34,249(2) D $181.6 485,316 D
Common Stock 10/13/2025 M 55,024(6) A $0.00 540,340 D
Common Stock 10/13/2025 F 29,235(2) D $181.6 511,105 D
Common Stock 10/15/2025 F 9,527(2) D $187.06 501,578 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
Performance Restricted Stock Units $0.00 10/13/2025 M 28,140 (3) (3) Common Stock 74,852(3) $0.00 0.00 D
Performance Restricted Stock Units $0.00 10/13/2025 M 28,140 (3) (3) Common Stock 115,092(3) $0.00 0.00 D
Performance Restricted Stock Units $0.00 10/13/2025 M 44,383 (4) (4) Common Stock 65,686(4) $0.00 0.00 D
Performance Restricted Stock Units $0.00 10/13/2025 M 64,462 (5) (5) Common Stock 64,462(5) $0.00 64,462 D
Performance Restricted Stock Units $0.00 10/13/2025 M 64,462 (5) (5) Common Stock 64,462(5) $0.00 64,462 D
Performance Restricted Stock Units $0.00 10/13/2025 M 55,025 (6) (6) Common Stock 55,025(6) $0.00 55,025 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.
7. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
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 insider transactions were reported for MU?

The insider acquired shares via PRSU vesting (Code “M”) at $0.00 and had shares withheld for taxes (Code “F”) at $181.6 and $187.06.

When did the MU transactions occur?

Transactions occurred on 10/13/2025 and 10/15/2025.

How many MU shares did the insider own after the transactions?

Direct ownership was 501,578 shares. Indirect ownership was 675,000 shares via a GRAT.

What were the PRSU performance outcomes cited?

Certified performance included 233% for DRAM revenue and Data Center NAND, 128% for relative TSR (2022 awards), and 233%/111% for 2023 award metrics.

What do the Form 4 transaction codes mean here?

“M” indicates acquisition via PRSU vesting/settlement at $0.00; “F” indicates shares withheld to satisfy tax obligations at the stated prices.

Were the tax withholding prices disclosed?

Yes. Entries show $181.6 on 10/13/2025 and $187.06 on 10/15/2025.
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