Micron Technology Inc: CVP Scott R. Allen received 26,435 shares

What happened

• The filing says Scott R. Allen, CVP and chief accounting officer, was granted 26,435 shares on Oct 13, 2026 (reported at $0.00) and had 6,183 shares disposed to satisfy tax withholding on Oct 13, 2026 and Oct 15, 2026 for total consideration of $6,055,231.
• The tax-withheld disposals were recorded at $989.04 per share on Oct 13, 2026 (5,382 shares totaling $5,323,013) and $914.13 per share on Oct 15, 2026 (801 shares totaling $732,218).

Key details

• Transaction dates and prices: Oct 13, 2026 grants at $0.00; Oct 13, 2026 disposals at $989.04; Oct 15, 2026 disposals at $914.13.
• Shares received: 1,012 restricted stock award shares and three derivative awards of 8,171, 8,171 and 9,081 shares (total 26,435).
• Shares disposed: 2,081, 2,686, 615, 583 and 218 shares (total 6,183) reported as "Payment of exercise price or tax liability" (code F).
• Shares owned after the transactions: not reported in the provided filing.
• Relevant footnotes from the filing:
  • F1: restricted stock awards vest in three equal annual installments beginning on the first anniversary of the grant date.
  • F2: the reported disposals reflect withholding of common stock shares to satisfy tax withholding obligations on vesting.
  • F3/F4: performance-based restricted stock units (PRSUs) were certified at specified achievement levels for the second year; reported earned shares remain subject to vesting until certification at the end of the three-year performance period.
• Filing timeliness: the filing does not indicate a late filing.

Why it may matter

• The filing shows award grants and tax-withholding disposals rather than open-market sales; the disposals are reported as tax withholding (code F) and the awarded shares include derivative/PRSUs that remain subject to vesting per the footnotes. A filing does not show why the insider traded or why the company acted.