Micron (MU) Director Teyin M. Liu Receives 97-Share Award

What Happened

• Teyin M. Liu, a director of Micron Technology, was granted 97 restricted stock units (RSUs) on 2026-03-31. The RSUs were issued at $0.00 (award) and, per the filing footnote, vested 100% on the grant date, converting to 97 shares with no cash outlay.

Key Details

• Transaction date: 2026-03-31; Transaction code: A (Award/Grant).
• Shares acquired: 97; Price per share: $0.00; reported cash value = $0 on grant (market value not reported in the Form 4 summary).
• Footnote: F1 — Director RSUs were granted in lieu of a cash retainer and vest 100% on the grant date.
• Filing date: 2026-04-02; filing appears to be timely (Form 4 is generally due within two business days).
• Shares owned after transaction: not specified in the provided summary (see the full Form 4 for total beneficial ownership).

Context

• These RSUs were compensation (awarded in lieu of cash retainer) and vested immediately, so they represent standard director pay rather than an open-market purchase or sale. Such awards are routine and should not be interpreted alone as a bullish or bearish signal about company prospects.