MEHROTRA SANJAY 4

What Happened
Sanjay Mehrotra, President, CEO and a director of Micron Technology (MU), sold a total of 28,506 shares in open‑market transactions on June 26, 2026, generating proceeds of roughly $32.8 million. The sales occurred in multiple tranches at prices roughly between $1,128 and $1,170 per share (each line reports a weighted average; see footnotes for per‑trade ranges). These disposals were effected pursuant to a Rule 10b5‑1 trading plan adopted by Mehrotra on January 30, 2026 — i.e., pre‑arranged scheduled sales rather than ad hoc trades.

Key Details

• Transaction date: June 26, 2026 (reported on Form 4 filed June 30, 2026). Transaction code: S (sale).
• Total shares sold: 28,506 shares. Total proceeds: ≈ $32,761,318 (~$32.8M).
• Reported per‑share prices (weighted averages by line) ranged roughly from $1,128.27 to $1,170.10; individual footnotes list tighter ranges for specific tranches.
• Sales were made under a 10b5‑1 plan adopted January 30, 2026 (Footnote F1). Multiple weighted‑average price footnotes explain that some lines aggregate several executions at slightly different prices.
• Shares owned after the transaction are not shown in the excerpt provided here — see the full Form 4 filing(s) for post‑sale holdings.
• Filing timeliness: Form 4 was filed within the normal two‑business‑day window (filed June 30 for June 26 trades).
• Filing note: This is the first of two Form 4s filed by the reporting person due to a 30‑line table limit.

Context: Sales made under a 10b5‑1 plan are typically pre‑scheduled and are considered routine (not necessarily a signal of management’s view on near‑term fundamentals). For retail investors, purchases by insiders are usually more indicative of a direct bullish signal; planned sales are common for diversification or personal liquidity. For full execution detail (per‑price breakdowns) and updated holdings, consult the complete Form 4 filings (both parts) on the SEC EDGAR site.