Micron Technology EVP Michael Cordano Reports Equity Grants and Tax Withholding

Executive Summary

On October 13, 2026, Michael D. Cordano, Executive Vice President of Worldwide Sales at Micron Technology, Inc. ($MU), reported transactions involving equity award grants, performance share certifications, and share withholdings to satisfy tax obligations.

Key Transaction Highlights

• Tax Withholding (Code F): 4,694 shares of Common Stock were withheld at a price of $989.04 per share, totaling approximately $4.64 million, to satisfy tax liabilities arising from vesting equity awards.
• Restricted Stock Grant (Code A): 4,298 shares of Common Stock were awarded at $0.00, vesting in three equal annual installments beginning on the first anniversary of the grant date.
• PRSU Performance Certification (Table II): The Compensation Committee certified performance achievements for three-year PRSUs granted in October 2024 at the end of their second performance year:
  • 22,494 units certified based on Data Center SSD goals (233% of target).
  • 22,494 units certified based on HBM3E+ goals (233% of target).
  • 25,566 units certified based on relative total shareholder return (150% of target). Note: All certified PRSUs remain subject to continued vesting until final certification at the conclusion of Year 3.

Ownership & Trading Significance

Following the transactions, Mr. Cordano directly holds 43,683 shares of Micron Common Stock (which includes 20.273 shares recently acquired via the Employee Stock Purchase Plan). Because the disposition was non-discretionary tax withholding and the acquisitions were compensatory equity awards, these transactions carry Low trading significance and do not indicate directional market sentiment by the insider.