Micron Technology (NASDAQ: MU) EVP Sadana discloses multiple stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Micron Technology executive Sumit Sadana reported multiple stock sales. On February 2, 2026, he sold 17,450 shares of Micron common stock at a weighted average price of $429.43 per share and 7,500 shares at a weighted average price of $430.95 per share.
He also sold 50 shares at $431.76 per share on the same date. After these transactions, he directly owned 248,021 Micron shares. The filing notes that the reported prices are weighted averages reflecting numerous trades within the stated price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,000 shares ($10,747,267)
Net Sell
3 txns
Insider
Sadana Sumit
Role
EVP and Chief Business Officer
Sold
25,000 shs ($10.75M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,450 | $429.43 | $7.49M |
| Sale | Common Stock | 7,500 | $430.95 | $3.23M |
| Sale | Common Stock | 50 | $431.76 | $22K |
Holdings After Transaction:
Common Stock — 255,571 shares (Direct)
Footnotes (1)
- The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $429.00 to $429.99 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 $430.58 to $431.44 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.
FAQ
What insider activity did MU executive Sumit Sadana report?
Sumit Sadana, EVP and Chief Business Officer of Micron Technology, reported selling Micron common stock on February 2, 2026. The transactions were open-market sales at weighted average prices around $429–$431 per share, disclosed in a Form 4 insider trading report.
Are the MU insider sales by Sumit Sadana reported as direct or indirect ownership?
The Form 4 shows all reported Micron stock sales under direct ownership, marked with “D” in the ownership column. No nature of indirect beneficial ownership, such as trusts or entities, is indicated in the provided transaction details or footnotes.
Why does the MU Form 4 list weighted average prices for Sadana’s sales?
The filing explains that each reported price is a weighted average because the shares were sold in multiple trades within specified price ranges. Sadana undertakes to provide full trade‑level price details to the issuer, shareholders, or SEC staff upon request.