Micron (MU) director granted 97-share equity award, now holds 26,007 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Micron Technology director Liu Teyin M received an equity grant of 97 shares of Common Stock as compensation. The award was made at $0.00 per share as a grant/award acquisition, bringing the director’s direct holdings to 26,007 shares after the transaction.
According to the footnote, these Director Restricted Stock Units were granted in lieu of a cash retainer and vested 100% on the grant date, meaning the director immediately owned the underlying shares as part of standard board compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Liu Teyin M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 97 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 26,007 shares (Direct)
Footnotes (1)
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Key Figures
Shares granted: 97 shares
Grant price: $0.00 per share
Shares held after: 26,007 shares
3 metrics
Shares granted
97 shares
Director equity grant on March 31, 2026
Grant price
$0.00 per share
Director compensation grant price
Shares held after
26,007 shares
Director’s direct holdings following the grant
Key Terms
Director Restricted Stock Units, grant/award acquisition, Form 4
3 terms
Director Restricted Stock Units financial
"Director Restricted Stock Units are granted in lieu of cash retainer"
grant/award acquisition financial
"transaction_action: grant/award acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Micron (MU) director Liu Teyin report?
Micron director Liu Teyin reported receiving 97 shares of Common Stock as an equity grant. The award was recorded at $0.00 per share and classified as a grant or award acquisition, reflecting standard non-cash director compensation rather than an open-market stock purchase or sale.
What does it mean that Micron (MU) Director RSUs vest 100% on grant date?
Vesting 100% on the grant date means the director’s Restricted Stock Units became fully earned immediately. In this case, the director promptly received the underlying Micron shares as compensation in lieu of cash, with no multi-year vesting schedule or future service requirement attached to this specific award.
Why did Micron (MU) grant Restricted Stock Units instead of paying cash?
The footnote explains that Director Restricted Stock Units are granted in lieu of a cash retainer. This structure compensates directors with Micron equity rather than cash, aligning their interests with shareholders by increasing their direct ownership through immediately vested stock awards instead of traditional cash fees.