Summary by Futu AI
Micron Technology Inc.'s CEO and President, Sanjay Mehrotra, completed a stock transaction on May 14, 2024, involving the company's common stock. Mehrotra sold a total of 7,000 shares through two separate transactions. The first sale disposed of 3,802 shares at a price of $122.59 per share, while the second sale involved 3,198 shares at $123.24 each. The total market value of the disposed shares amounted to $860,208.70. Following these transactions, Mehrotra directly holds 719,049 shares of Micron Technology. Additionally, he has an indirect beneficial ownership of 371,629 shares through a Grantor Retained Annuity Trust (GRAT). The sales were executed on the open market.