MU insider Form 4 shows PRSU vesting and tax withholding trades
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
284,612 shares exercised/converted
Mixed
23 txns
Insider
MEHROTRA SANJAY
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,527 | $187.06 | $1.78M |
| Exercise | Performance Restricted Stock Units | 28,140 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 28,140 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 44,383 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 64,462 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 64,462 | $0.00 | -- |
| Exercise | Performance Restricted Stock Units | 55,025 | $0.00 | -- |
| Grant/Award | Common Stock | 57,819 | $0.00 | -- |
| Tax Withholding | Common Stock | 20,173 | $181.60 | $3.66M |
| Tax Withholding | Common Stock | 14,052 | $181.60 | $2.55M |
| Exercise | Common Stock | 74,852 | $0.00 | -- |
| Tax Withholding | Common Stock | 36,685 | $181.60 | $6.66M |
| Exercise | Common Stock | 115,092 | $0.00 | -- |
| Tax Withholding | Common Stock | 58,064 | $181.60 | $10.54M |
| Exercise | Common Stock | 65,686 | $0.00 | -- |
| Tax Withholding | Common Stock | 32,233 | $181.60 | $5.85M |
| Exercise | Common Stock | 64,462 | $0.00 | -- |
| Tax Withholding | Common Stock | 34,249 | $181.60 | $6.22M |
| Exercise | Common Stock | 64,462 | $0.00 | -- |
| Tax Withholding | Common Stock | 34,249 | $181.60 | $6.22M |
| Exercise | Common Stock | 55,024 | $0.00 | -- |
| Tax Withholding | Common Stock | 29,235 | $181.60 | $5.31M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 501,578 shares (Direct);
Performance Restricted Stock Units — 0 shares (Direct);
Common Stock — 675,000 shares (Indirect, GRAT)
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. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
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.
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.