Micron Officer Scott J. Deboer Executes $25.7M Share Sale via 10b5-1 Plan
MICRON TECHNOLOGY INC
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Filing Summary
Insider Sale Alert: Micron Technology Inc ($MU) • Insider: Scott J. Deboer (Pres. & Chief Tech & Prod Offr) • Transaction: Sold 28,544.57 shares at ~$900.00/share • Total Value: ~$25,690,215.95 • Plan: Executed via Rule 10b5-1 trading plan adopted July 17, 2026 • Post-Transaction Holding: 147,430 shares
Comprehensive Analysis
Transaction Overview
On October 16, 2026, Scott J. Deboer, President and Chief Technology & Products Officer at Micron Technology, Inc. ($MU), sold 28,544.572 shares of Micron Common Stock across three transactions at an average price of approximately $900.00 per share, resulting in aggregate proceeds of approximately $25.69 million.
Key Transaction Specifics
- Tranche 1: 28,444.00 shares sold at $900.00 per share
- Tranche 2: 100.00 shares sold at $901.00 per share
- Tranche 3: 0.572 shares sold at $902.01 per share
- Post-Transaction Ownership: Direct beneficial ownership of 147,430 shares remains following the reported sales.
Trading Plan Context & Significance
The sales were conducted pursuant to a pre-established Rule 10b5-1 trading plan adopted on July 17, 2026. While the dollar amount is significant ($25.69M), the execution under a pre-scheduled trading plan mitigates concerns of discretionary insider selling or negative short-term operational sentiment. Deboer continues to maintain a substantial direct equity interest in Micron.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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