4Accepted Oct 15, 8:10 PM ET
Micron Technology Inc: SVP, chief legal officer Ray Michael Charles sold 15,277 shares
Accepted (ET)
8:10 PM
Oct 15, 2026
Filed
Oct 15, 2026
Documents
1
Size
72.0 KB
Summary
Micron Technology Inc: SVP, chief legal officer Ray Michael Charles sold 15,277 shares
What happened
- Ray Michael Charles, SVP and chief legal officer, reported sales totaling 15,277 shares on Oct 13-14, 2026 for total proceeds of $14,736,047. The filing shows 8,989 shares were disposed on Oct 13 via payment of exercise price or tax liability at $989.04 per share for $8,890,480, and 6,288 shares were sold in open-market transactions on Oct 14 at prices ranging from $914.13 to $945.91 per share for $5,845,567.
- The filing also reports acquisitions on Oct 13: 4,298 shares acquired at $0.00 and three derivative awards totaling 50,852 shares acquired at $0.00 (combined acquired shares 55,150). Footnotes indicate restricted stock vesting rules and that some reported derivative shares reflect performance-based RSUs that remain subject to vesting.
Key details
- Transaction dates and prices: Oct 13, 2026 (withholding/payments at $989.04); Oct 14, 2026 (open-market sales $914.13 to $945.91; several weighted-average price ranges are noted in the footnotes).
- Shares sold: 15,277 shares; shares acquired: 55,150 shares (4,298 direct, 50,852 derivative). Total proceeds from sales: $14,736,047.
- Shares owned after the transactions: not stated in this filing.
- Relevant footnotes: F3 (withholding to satisfy tax obligations), F4 (sales effected under a Rule 10b5-1 trading plan), F1/F31/F32 (restricted stock and performance RSU vesting and certification details), plus multiple weighted-average price footnotes for grouped sales.
- Filing: Form filed Oct 15, 2026. Remarks note this is the first of two Forms 4 filed by the reporting person due to a 30 line-item limitation.
Why it may matter
- The filing shows shares were withheld to satisfy tax liabilities (code F) and additional shares were sold in the open market under a Rule 10b5-1 plan (code S).
- The derivative awards reported are performance-based and remain subject to vesting per the footnotes.
- A filing does not show why the insider traded or why the company acted.