Summary by Futu AI
Micron Technology Inc.'s CEO and President, Sanjay Mehrotra, engaged in a series of transactions involving the company's common stock, as per the latest SEC filings. On April 2, 2024, Mehrotra sold 6,112 shares at a price of $122.01 and an additional 888 shares at $122.68. Two days later, on April 4, he sold 45,000 shares at $130 each. Concurrently, Mehrotra acquired 7,000 shares on April 2 and 30,000 shares on April 4, both at a price of $28.2 per share through the exercise of derivative securities. After these transactions, Mehrotra directly holds 728,557 shares of Micron Technology. The transactions are reported to be in progress, with a total market value of disposed shares amounting to $6,704,664.96. Additionally, Mehrotra holds 371,629 shares indirectly through a Grantor Retained Annuity Trust (GRAT).