Micron Technology Inc: EVP Michael D Cordano received 74,852 shares

What happened

• Michael D Cordano, EVP, Worldwide Sales, received awards/other acquisitions totaling 74,852 shares on Oct 13, 2026: 4,298 shares at $0.00, 22,494 shares at $0.00 (derivative), 22,494 shares at $0.00 (derivative) and 25,566 shares at $0.00 (derivative). The filing also reports 4,694 shares disposed on Oct 13, 2026 under code F (payment of exercise price or tax liability) at $989.04 per share, totaling $4,642,554.

Key details

• Transaction date(s) and price(s): Oct 13, 2026 — 4,298 shares @ $0.00 (A); 4,694 shares @ $989.04 (F) disposed = $4,642,554; 22,494 shares @ $0.00 (A, derivative); 22,494 shares @ $0.00 (A, derivative); 25,566 shares @ $0.00 (A, derivative).
• Shares owned after the transaction: not stated in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: restricted stock awards vest in three equal annual installments beginning on the first anniversary of the grant date.
  • F2: includes 20.273 shares acquired on Jul 31, 2026 under the employee stock purchase plan; that acquisition is exempt from reporting under Rules cited.
  • F3: withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
  • F4: the compensation committee certified achievement of specified performance goals at 233% of target for certain PRSUs awarded Oct 13, 2024; shares reported represent amounts earned as of the end of year 2 and remain subject to vesting until certification at the end of year 3.
  • F5: the compensation committee certified achievement of relative total shareholder return goals at 150% of target for certain PRSUs awarded Oct 13, 2024; shares reported represent amounts earned as of the end of year 2 and remain subject to vesting until certification at the end of year 3.
• Filing timeliness: not indicated as late in the provided information.

Why it may matter

• The 4,694-share disposition is reported as tax withholding (code F), meaning shares were withheld to satisfy tax obligations rather than an open-market sale.
• The zero-dollar entries are awards/grants and include derivative awards (PRSUs) that the committee certified as partially earned for year 2 but which remain subject to further vesting and final certification at the end of the three-year performance period.
• The filing does not show why the insider traded or why the company acted.