[Form 5] MICRON TECHNOLOGY INC Annual Statement of Beneficial Ownership
Rhea-AI Filing Summary
Michael D. Cordano, identified as EVP, Worldwide Sales of Micron Technology, Inc. (MU), filed a Form 5 reporting changes in beneficial ownership for the fiscal year ended 08/28/2025. The filing updates ownership to include 225.66 shares acquired on July 31, 2025 under the Micron Employee Stock Purchase Plan, an acquisition the filer states is exempt from reporting under Rules 16a-3(f)(1)(i)(B) and 16b-3(c). The form's Table I also shows an entry for Common Stock with amount 38,843 and a transaction code marked "D" (disposed). The filing is signed by attorney-in-fact Mai Lan Bui on 10/02/2025.
Positive
- 225.66 shares added to beneficial ownership via the Employee Stock Purchase Plan
- Filing cites applicable exemptions (Rules 16a-3(f)(1)(i)(B) and 16b-3(c)) for the ESPP acquisition
Negative
- Table I lists 38,843 common shares with transaction code "D" (disposed) without accompanying details
Insights
Form 5 updates small ESPP purchase and shows a disposition record.
The filing confirms a reported acquisition of 225.66 shares under the company ESPP on July 31, 2025, which the filer states is exempt from Section 16 reporting under cited rules. The document also lists 38,843 shares of common stock with a transaction code "D", indicating a reported disposition line in Table I.
This is a routine annual corrective/summary filing: the ESPP amount is modest in size and the filer relies on standard exemptions. The presence of a disposition entry should be noted by governance reviewers for record consistency; the form does not provide dates, prices, or reasons for that disposition within the text.