CORDANO MICHAEL D 4
4 · MICRON TECHNOLOGY INC · Filed Apr 13, 2026
Research Summary
AI-generated summary of this filing
Micron EVP Michael Cordano Sells 3,407 Shares
What Happened
Michael D. Cordano, Executive Vice President, Worldwide Sales at Micron Technology (MU), reported a sale of 3,407 shares on April 9, 2026. The shares were disposed at $420.81 each, for a total transaction value of approximately $1,433,700. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date and price: Apr 9, 2026 — 3,407 shares at $420.81 each.
- Total value: ~$1,433,700.
- Method shown on the form: listed as "Open market or private sale" (transaction code S).
- Shares owned after transaction: not stated in the provided filing excerpt.
- Footnote: F1 notes 192.411 shares were acquired Jan 30, 2026 under Micron’s Employee Stock Purchase Plan; that acquisition is exempt from reporting under Rules 16a-3(f)(1)(i)(B) and 16b-3(c).
- Filing date/timeliness: Form filed Apr 13, 2026 for the Apr 9 transaction — this appears to be filed more than two business days after the transaction and may be late under Section 16 reporting rules.
- No 10b5-1 plan, option exercise, award grant, or gift was disclosed in the provided details.
Context
This is an outright sale by an executive. Sales by insiders are often routine (personal liquidity, tax obligations, diversification) and do not necessarily signal a change in company fundamentals. Purchases tend to be more informative about insider sentiment; no purchase or new award was reported here.
Insider Transaction Report
Form 4
CORDANO MICHAEL D
EVP, Worldwide Sales
Transactions
- Sale
Common Stock
[F1]2026-04-09$420.81/sh−3,407$1,433,700→ 47,466 total
Footnotes (1)
- [F1]Includes 192.411 shares acquired on January 30, 2026 under the Micron Technology, Inc. Employee Stock Purchase Plan, which acquisition is exempt from reporting under Rules 16a3(f)(1)(i)(B) and 16b-3(c).
Signature
Mai Lan Bui, Attorney-in-fact|2026-04-13