Micron (MU) Director Robert Swan Receives 121-Share RSU Award

What Happened
Robert Holmes Swan, a director of Micron Technology, received a grant of 121 Director Restricted Stock Units (RSUs) on 2026-03-31. The award is recorded at $0.00 (no cash paid at grant); the RSUs vested 100% on the grant date but the actual share delivery is deferred per Swan’s deferral election.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-02.
• Transaction type: Award/Grant of 121 Director Restricted Stock Units (derivative instrument).
• Grant price: $0.00 (no cash paid).
• Vesting/delivery: RSUs vest 100% on grant date; delivery of shares will occur within 15 days after separation from service (per footnote).
• Shares owned after transaction: not disclosed in the excerpt provided.
• Filing timeliness: no late-filing indication in the provided data.

Context
This was a compensation award (RSUs granted in lieu of a cash director retainer), which is a routine form of director pay rather than an open-market purchase or sale. Because delivery is deferred until separation, Swan currently holds a vested right to shares rather than immediate share ownership or a sale.