MU insider Form 4 shows PRSU vesting and tax withholding trades
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
Net Buyer: 228,930 shares
Net Buy
23 txns
Insider
MEHROTRA SANJAY
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,527 | $187.06 | $1.78M |
| Exercise | Performance Restricted Stock Units | 28,140 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 28,140 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 44,383 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 64,462 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 64,462 | $0.00 | $0.00 |
| Exercise | Performance Restricted Stock Units | 55,025 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 57,819 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 20,173 | $181.60 | $3.66M |
| Exercise Price or Tax Liability | Common Stock | 14,052 | $181.60 | $2.55M |
| Exercise | Common Stock | 74,852 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 36,685 | $181.60 | $6.66M |
| Exercise | Common Stock | 115,092 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 58,064 | $181.60 | $10.54M |
| Exercise | Common Stock | 65,686 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 32,233 | $181.60 | $5.85M |
| Exercise | Common Stock | 64,462 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 34,249 | $181.60 | $6.22M |
| Exercise | Common Stock | 64,462 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 34,249 | $181.60 | $6.22M |
| Exercise | Common Stock | 55,024 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 29,235 | $181.60 | $5.31M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Performance Restricted Stock Units — 183,949 shares (Direct);
Common Stock — 501,578 shares (Direct);
Common Stock — 675,000 shares (Indirect, GRAT)
Footnotes (7)
- F1. Restricted Stock Awards vest in three equal annual installments beginning on the first anniversary of the grant date.
- F2. Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. Grantor retained annuity trusts are for the benefit of the Reporting Person and his family.
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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.