ARNZEN APRIL S 4

What Happened

• April S. Arnzen, EVP & Chief People Officer at Micron Technology (MU), disposed of 40,000 shares on July 1, 2026 in multiple open-market transactions, generating approximately $43,357,473 in proceeds. Sales were executed across prices roughly ranging from $1,077.00 to $1,096.00 per share (see footnotes for tranche ranges and weighted averages).
• This was a sale (transaction code S) under a Rule 10b5-1 trading plan adopted December 19, 2025, which typically indicates pre-planned dispositions rather than discretionary trades.

Key Details

• Transaction date: July 1, 2026 (reported on Form 4 filed July 6, 2026).
• Total shares sold: 40,000; Total proceeds: ~$43.36 million.
• Price range (per footnotes): approximately $1,077.00 to $1,096.00 per share; several lots reported as weighted average prices with detailed ranges in the filing.
• Footnote: F1 — sales effected pursuant to a 10b5-1 plan adopted 12/19/2025. Other footnotes (F2–F19) provide per-lot price ranges and state the filer will provide per-price sale counts on request.
• Shares owned after transaction: not provided in the excerpt — check the full Form 4 for post-transaction beneficial holdings.
• Filing timeliness: Form 4 filed July 6, 2026 (5 calendar days after the trades); this appears later than the typical two-business-day reporting requirement under Section 16.

Context

• Sales under 10b5-1 plans are pre-scheduled and often routine (e.g., to diversify or meet liquidity needs); they do not necessarily indicate management’s view on near-term stock performance.
• For investors tracking insider activity, purchases are typically more informative as positive signals; large sales can be routine when governed by trading plans.
• The filing includes weighted-average price footnotes; the reporting person has committed to provide detailed per-price sale information to the company, shareholders, or the SEC upon request.