Micron (MU) CEO Sanjay Mehrotra Sells 40,000 Shares

What Happened

• Sanjay Mehrotra, President, CEO and Director of Micron Technology, sold 40,000 shares in open-market transactions on August 21, 2026, generating total proceeds of approximately $38,756,161.
• The individual trades were executed at per-share prices ranging roughly from $959.14 to $989.59; the overall weighted-average price was about $968.90 per share. The sales were effected pursuant to a Rule 10b5-1 trading plan adopted January 30, 2026 (see footnote F1).

Key Details

• Transaction date: August 21, 2026; Form 4 filed August 25, 2026 (filed within the required two business days).
• Total shares sold: 40,000; total proceeds: ~$38.76 million; approximate weighted-average price: $968.90/share.
• Price range across lots: about $959.14 to $989.59 per share; many line items report weighted-average prices with specified ranges (see multiple footnotes F2–F25). The filer offers to provide per-price breakdowns on request.
• Ownership after the transaction is not specified in the summary provided here—see the Form 4 for "Amount of Securities Owned Following Reported Transaction."
• Footnotes: F1 confirms the trades were under a 10b5-1 plan; F26 notes certain trusts exist for the benefit of the reporting person and family.

Context

• These were sales (S) executed under a pre-established 10b5-1 plan. Such pre-arranged sales are generally considered routine and do not by themselves indicate the insider has new, material information. Purchases tend to be viewed as stronger affirmative signals than planned sales.