April S. Arnzen - Mar 27, 2024 Form 4 Insider Report for MICRON TECHNOLOGY INC (MU)

Signature
Mai Lan Bui, Attorney-in-fact
Stock symbol
MU
Transactions as of
Mar 27, 2024
Transactions value $
-$583,377
Form type
4
Date filed
3/29/2024, 08:19 PM
Previous filing
Jan 17, 2024
Next filing
Apr 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MU Common Stock Sale -$583K -4.89K -3.18% $119.30 149K Mar 27, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 14, 2023.
F2 Includes 350.189 shares acquired on January 31, 2024 under the Micron Technology, Inc. Employee Stock Purchase Plan, which acquisition is exempt from reporting under Rules 16a-3(g)(1) and 16b-3(c).