Micron CFO Mark J. Murphy Reports PRSU Vestings and Tax Withholdings

Executive Summary

On October 15, 2026, Micron Technology Inc. ($MU) EVP and Chief Financial Officer Mark J. Murphy filed a Form 4 reporting equity compensation activity that took place on October 13, 2026. The transactions consisted of PRSU vestings, a restricted stock grant, and statutory tax withholding. No discretionary open-market purchases or sales occurred.

Transaction Breakdown

• Restricted Stock Grant (Code A): 7,078 shares of Common Stock granted at $0.00, vesting in three equal annual installments.
• PRSU Vesting (Code M): Murphy acquired a total of 64,880 shares across three tranches (22,774, 22,774, and 19,332 shares) following Compensation Committee certification of multi-year performance criteria (including High Growth Segments, HBM3E+, and TSR).
• Tax Withholding (Code F): A total of 50,343 shares were surrendered to the issuer to cover statutory tax withholding liabilities at an evaluated market price of $989.04 per share (aggregate tax withholding value of ~$49.79 million).
• Derivative Performance Awards: The Compensation Committee certified performance levels on second-year goals for October 2024 PRSUs totaling 76,274 earned units, which remain subject to final Year 3 certification and time vesting.

Ownership Structure

Following these transactions, Mark J. Murphy directly holds 183,308 shares of Micron common stock and indirectly holds 58,000 shares through a Grantor Retained Annuity Trust (GRAT).

Market & Trading Assessment

Because all dispositions were mandatory tax withholdings directly to the issuer (Code F) pursuant to the vesting of equity incentive compensation, this filing reflects standard executive equity administration and carries low market predictive value.