Summary by Futu AI
Micron Technology Inc. CEO and President, Sanjay Mehrotra, completed a gift transaction of 14,531 shares of common stock on August 8, 2024. The transaction was executed at a price of $0.00 per share, indicating that the shares were given as a bona fide gift. Following this transaction, Mehrotra's direct holdings in the company stand at 727,945 shares. Additionally, the indirect holdings after the gift transaction amount to 338,694 shares, which are held in the form of a Grantor Retained Annuity Trust (GRAT). The total value of the disposed shares was reported as $0.00, reflecting the non-commercial nature of the gift.