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Micron (MU) director Robert Swan granted 121 RSUs in lieu of cash retainer

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Form Type
4

Rhea-AI Filing Summary

SWAN ROBERT HOLMES reported acquisition or exercise transactions in this Form 4 filing.

Micron Technology director Robert Holmes Swan received 121 Restricted Stock Units as compensation. The RSUs were granted in lieu of a cash retainer and vest 100% on the grant date. Under Swan’s deferral election, the underlying common shares will be delivered within 15 days after his separation from service. Following this grant, he holds 4,444 shares of Micron common stock directly.

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Insider SWAN ROBERT HOLMES
Role Director
Type Security Shares Price Value
Grant/Award Restricted Stock Units 121 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 121 shares (Direct); Common Stock — 4,444 shares (Direct)
Footnotes (1)
  1. [object Object]
RSUs granted 121 Restricted Stock Units Director grant on March 31, 2026
Shares after transaction 4,444 shares Common stock held directly after grant
RSU grant price $0.0000 per unit Equity award in lieu of cash retainer
Share delivery timing Within 15 days Delivery after separation from service
Restricted Stock Units financial
"Director Restricted Stock Units are granted in lieu of cash retainer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
deferral election financial
"Pursuant to a deferral election by the Reporting Person, delivery of shares will occur"
separation from service financial
"delivery of shares will occur within 15 days after separation from service"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
SWAN ROBERT HOLMES
(Last)(First)(Middle)
8000 S. FEDERAL WAY
(Street)
BOISE IDAHO 83716
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
MICRON TECHNOLOGY INC [ MU ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock4,444D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units$0.0003/31/2026A121 (1) (1)Common Stock121$0.00121D
Explanation of Responses:
1. Director Restricted Stock Units are granted in lieu of cash retainer and vest 100% on grant date of award. Pursuant to a deferral election by the Reporting Person, delivery of shares will occur within 15 days after separation from service.
Remarks:
Mai Lan Bui, Attorney-in-fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Micron (MU) director Robert Swan report?

Micron director Robert Holmes Swan reported receiving 121 Restricted Stock Units as compensation. These units convert into Micron common shares and reflect a stock-based retainer instead of cash, aligning his compensation more closely with shareholder interests and company performance.

How many Micron (MU) shares does Robert Swan hold after this Form 4?

After the reported transaction, Robert Holmes Swan holds 4,444 shares of Micron common stock directly. This figure reflects his position following the 121 Restricted Stock Units grant and shows his ongoing equity stake as a company director in Micron Technology.

How do the Micron (MU) director RSUs granted to Robert Swan vest?

The Micron director Restricted Stock Units granted to Robert Holmes Swan vest 100% on the grant date. Although they vest immediately, actual delivery of the underlying Micron common shares is deferred under his election until after he separates from service as a director.

Why were 121 RSUs granted to Micron (MU) director Robert Swan?

The 121 Restricted Stock Units granted to Robert Holmes Swan were issued in lieu of a cash retainer for board service. This structure compensates him with equity rather than cash, tying his compensation directly to Micron’s share performance over time and shareholder value.

When will Robert Swan receive Micron (MU) shares from his RSUs?

Under his deferral election, Robert Holmes Swan will receive Micron common shares underlying the 121 Restricted Stock Units within 15 days after separation from service. This means share delivery is postponed until he leaves his role as a director at Micron.