Micron Technology (MU) HR chief sells 40,000 shares in preset plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Micron Technology EVP and Chief People Officer April S. Arnzen reported open-market sales of 40,000 shares of common stock on April 1, 2026, at prices around $345–$348 per share. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan, and Arnzen now directly holds 125,737 shares of Micron stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 40,000 shares ($13,895,762)
Net Sell
4 txns
Insider
ARNZEN APRIL S
Role
EVP and Chief People Officer
Sold
40,000 shs ($13.90M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 8,630 | $345.13 | $2.98M |
| Sale | Common Stock | 5,766 | $346.22 | $2.00M |
| Sale | Common Stock | 604 | $346.83 | $209K |
| Sale | Common Stock | 25,000 | $348.46 | $8.71M |
Holdings After Transaction:
Common Stock — 157,107 shares (Direct)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 19, 2025. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $344.722 to $345.7108 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. 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). The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.7221 to $346.71 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.72 to $346.90 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Total shares sold: 40,000 shares
Sale price lot 1: $345.13 per share
Sale price lot 2: $346.22 per share
+4 more
7 metrics
Total shares sold
40,000 shares
Aggregate open-market sales on April 1, 2026
Sale price lot 1
$345.13 per share
Weighted average price for 8,630-share sale
Sale price lot 2
$346.22 per share
Weighted average price for 5,766-share sale
Sale price lot 3
$346.83 per share
Weighted average price for 604-share sale
Sale price lot 4
$348.46 per share
Price for 25,000-share sale
Shares held after final sale
125,737 shares
Direct Micron common stock ownership post-transaction
ESPP acquisition
229.064 shares
Shares acquired on January 30, 2026 under Employee Stock Purchase Plan
Key Terms
Rule 10b5-1 trading plan, weighted average price, open-market sale, Employee Stock Purchase Plan
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Employee Stock Purchase Plan financial
"acquired on January 30, 2026 under the Micron Technology, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
FAQ
What insider transaction did Micron (MU) report for April S. Arnzen?
Micron reported that EVP and Chief People Officer April S. Arnzen sold 40,000 shares of common stock on April 1, 2026. These were open-market sales executed in multiple trades at prices in the mid-$340s per share.