Summary by Futu AI
Micron Technology Inc.'s CEO and President, Sanjay Mehrotra, completed a sale of 7,000 shares of the company's common stock on June 4, 2024. The transaction was executed in two separate sales with prices ranging from $126.02 to $127.15 per share, resulting in a total market value of $882,951.34. Prior to the sales, Mehrotra acquired 7,000 shares through the exercise of derivative securities at a price of $28.20 per share. 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 conducted as open market transactions.