Micron (MU) EVP Sumit Sadana Sells 15,000 Shares

What Happened Sumit Sadana, EVP and Chief Business Officer of Micron Technology (MU), sold 15,000 shares in an open-market transaction on August 18, 2026. The reported weighted-average price was $934.29 per share, for a total proceeds value of $14,014,350. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: 2026-08-18
• Price reported: weighted average $934.29; trades occurred in a range of $934.00–$934.57 per share (footnote F1).
• Shares sold: 15,000; proceeds: $14,014,350.
• Shares owned after the transaction: not specified in the provided summary of the filing (see the Form 4 for exact post-transaction holdings).
• Footnotes of note:
  • F1: Weighted-average price; reporting person can provide a breakdown of shares sold at each price in the stated range upon request.
  • F2/F3: On July 21, 2026, 18,000 shares were transferred to a grantor retained annuity trust (GRAT) for the benefit of the reporting person; Sumit Sadana serves as trustee of that trust.
• Filing timeliness: Form 4 filed Aug 20, 2026 for an Aug 18 transaction — appears to be filed within the typical two-business-day window.

Context This report documents a sale, which is commonly routine (e.g., for diversification, tax planning, or other personal reasons) and does not necessarily signal management’s view of company fundamentals. The transfer to a GRAT (noted in F2/F3) is a separate estate- or tax-planning action and likewise should not be interpreted as a market sentiment indicator. For a complete picture of insider holdings and any related plans (e.g., 10b5-1 sale programs or additional transfers), retail investors should review the full Form 4 and any related filings.