ALLEN SCOTT R. 4
4 · MICRON TECHNOLOGY INC · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Micron (MU) CVP Scott R. Allen Sells 912 Shares ($424.7K)
What Happened
Scott R. Allen, CVP and Chief Accounting Officer at Micron Technology, had a total of 912 shares (663 + 249) withheld to satisfy tax withholding obligations tied to the vesting of previously granted awards. Each share was valued at $465.66, for a combined value of approximately $424,682. These transactions are disposals recorded as tax-withholding, not open-market sales.
Key Details
- Transaction dates: April 15, 2026 (reported on Form 4 filed April 17, 2026).
- Prices and amounts: 663 shares @ $465.66 (≈ $308,733) and 249 shares @ $465.66 (≈ $115,949); total ≈ $424,682.
- Transaction code: F — withholding of shares to satisfy tax liabilities upon vesting.
- Shares owned after transaction: not disclosed in the provided filing data.
- Footnotes: F1 confirms withholding to satisfy tax obligations on vested awards. F2 notes 229.064 shares were acquired Jan 30, 2026 under the Micron ESPP (that acquisition is exempt from certain reporting rules).
- Filing timeliness: Form filed April 17, 2026 (two days after the transaction); appears to be timely under the two-business-day Form 4 rule.
Context
This was a tax-withholding disposition related to award vesting (a routine administrative transaction) rather than a discretionary open-market sale—commonly seen when companies withhold shares to cover taxes. Such withholdings do not necessarily indicate a change in the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-04-15$465.66/sh−663$308,733→ 36,998 total - Tax Payment
Common Stock
[F1]2026-04-15$465.66/sh−249$115,949→ 36,749 total
Footnotes (2)
- [F1]Withholding of common stock shares to satisfy tax withholding obligations in connection with the vesting of previously granted awards.
- [F2]Includes 229.064 shares acquired on January 30, 2026 under the Micron Technology, Inc. Employee Stock Purchase Plan, which acquisition is exempt from reporting under Rules 16a3(f)(1)(i)(B) and 16b-3(c).