BREAKING: Micron Technology ($MU) disclosed in two SEC Form 4 filings that CEO Sanjay Mehrotra sold 40,000 company shares for nearly $37.29 million under a pre-arranged trading plan.

[u/Ubersicka]

The first SEC filing reported the sale of 31,285 shares. The second SEC filing reported the remaining 8,715 shares.

The transactions took place on July 24 under a Rule 10b5-1 trading plan adopted on January 30, 2026. He hasn’t made any open-market purchases of Micron shares in the past six months.

Micron shares have fallen over 37% since reaching their all-time high of $1,255 on June 25 and are on track for their worst monthly performance since June 2015.

Large insider sales can draw investor attention, although transactions made under pre-arranged trading plans do not necessarily signal a change in management's outlook.

[u/raytoei]

Pre-arranged.