Sadana Sumit 4
4 · MICRON TECHNOLOGY INC · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Micron (MU) EVP Sumit Sadana Sells Shares
What Happened
Sumit Sadana, Executive VP and Chief Business Officer of Micron Technology (MU), sold a total of 25,000 Micron shares in open-market transactions on February 2, 2026, generating approximately $10,747,267 in proceeds. The sales were: 17,450 shares at a weighted average price of $429.43 (≈ $7,493,554), 7,500 shares at a weighted average price of $430.95 (≈ $3,232,125), and 50 shares at $431.76 (≈ $21,588). These were outright sales (S) rather than purchases or option exercises; sales are often routine and do not necessarily indicate a change in the insider’s view of the company.
Key Details
- Transaction date: 2026-02-02 (filed with the SEC on 2026-02-04 — appears timely)
- Trades and reported prices/values:
- 17,450 shares @ $429.43 (weighted avg) = $7,493,554. Footnote F1: actual prices in this block ranged $429.00–$429.99 per share.
- 7,500 shares @ $430.95 (weighted avg) = $3,232,125. Footnote F2: actual prices in this block ranged $430.58–$431.44 per share.
- 50 shares @ $431.76 = $21,588.
- Total shares sold: 25,000; total proceeds: ~$10.75M.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes: F1 and F2 indicate the reported prices are weighted averages; the reporting person offered to provide the exact per-price breakdown on request.
- No 10b5-1 plan, gift, option exercise, or tax-withholding event was disclosed in the excerpt.
Context
This filing reports standard open-market sales by a senior executive. For retail investors, purchases by insiders can be a stronger signal than sales; sales may be for routine reasons (diversification, liquidity, tax planning) and are not, on their own, proof of a change in outlook. The filing shows no derivatives exercise or award-related sale; it simply documents the disposition of common shares.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-02$429.43/sh−17,450$7,493,554→ 255,571 total - Sale
Common Stock
[F2]2026-02-02$430.95/sh−7,500$3,232,125→ 248,071 total - Sale
Common Stock
2026-02-02$431.76/sh−50$21,588→ 248,021 total
Footnotes (2)
- [F1]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.00 to $429.99 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F2]The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $430.58 to $431.44 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.