Micron Technology (NASDAQ:MU) CEO Sanjay Mehrotra unloaded nearly $36 million in company stock last week, filing a Form 4 with the SEC disclosing the sale of 37,439 shares on May 29 across 30 separate transactions at a weighted-average price of $960.38 per share — netting a total of approximately $35.96 million.
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The sales were executed under a pre-arranged Rule 10b5-1 trading plan that Mehrotra adopted on Jan. 30, 2026, insulating the transactions from any accusation of market timing.
Following the sale, the CEO directly holds 387,064 shares — a reduction of roughly 8.82% in his direct position — valued at approximately $371.7 million at the time of the transaction.
