Summary by Futu AI
Micron Technology Inc.'s CEO and President, Sanjay Mehrotra, completed a sale of common stock on April 23, 2024. The transaction involved the disposal of 7,000 shares at prices ranging from $110.11 to $112.42, resulting in a total market value of approximately $783,540. Prior to the sale, Mehrotra exercised options to acquire 7,000 shares of Micron Technology at a price of $28.20 per share. Following these transactions, Mehrotra directly holds 719,049 shares of the company's common stock. Additionally, he has an indirect beneficial ownership of 371,629 shares through a Grantor Retained Annuity Trust (GRAT). The reported transactions were executed on the open market and have been completed.