Micron Technology Inc: EVP April Arnzen exercised and sold 28,882 shares

What happened

• April Arnzen, EVP and chief people officer, had multiple transactions reported on Oct 13, 2026. The filing reports exercise/conversion of derivative awards for 38,166 shares and the grant or award of 48,861 shares. The filing also shows payment of tax withholding by disposition of 28,882 shares at $989.04 per share for total proceeds of $28,565,453, and a gift of 1,013 shares.

Key details

• Transaction date: Oct 13, 2026. Acquisitions reported at $0.00 per share; tax withholding disposals reported at $989.04 per share.
• Shares disposed to satisfy tax obligations: 28,882 shares for $28,565,453. Gift: 1,013 shares (no cash proceeds reported).
• Shares acquired: exercise/conversion of derivatives for 38,166 shares; grants/awards of 48,861 shares.
• Footnotes: F1 restricted stock awards vest in three equal annual installments; F2 shares were withheld to satisfy tax withholding; F3–F6 describe performance-based restricted stock unit certifications and payout/vesting mechanics (including certifications at 266%, 150% (reduced to 126% by aggregate limit), 233% and 150% of target as applicable, and vesting/timing details).
• Filing date: Oct 15, 2026 (reporting transactions dated Oct 13, 2026). The filing does not indicate that it was late.

Why it may matter

• The filing shows exercises/conversions of derivative awards and that shares were withheld/disposed to satisfy tax withholding (a cashless-style settlement for taxes).
• The gift is a non-market transfer and not a sale for cash.
• A filing does not show why the insider traded or why the company acted.