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Jun 4, 2026 12:00 PM

Micron CEO Cashes Out $36 Million In Stock Near All-Time Highs

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.

MU stock is down today. See the chart and price action here. 

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.

He also maintains indirect holdings of over 607,000 shares through grantor retained annuity trusts.

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The move isn’t an isolated one. Mehrotra also sold an additional 2,561 shares the same day ...