Micron CEO Sells $36M Stock as Insider Sales Top $85M in 90 Days
MU•Micron Technology CEO Sanjay Mehrotra sold $36 million of shares on May 29 under a pre-arranged trading plan, cutting his direct ownership by 8.82%. Insider sales total $85 million in the past 90 days and $100 million over two years as Micron shares have surged nearly 900% from their 52-week low on AI memory chip demand.
1. CEO Stock Sale Details
Micron Technology CEO Sanjay Mehrotra sold $36 million of company stock on May 29, reducing his direct holdings by 8.82%. The transaction was executed under a pre-arranged trading plan established in January 2026, reflecting a scheduled disposition rather than a discretionary sale.
2. Insider Selling Context
This sale brings total insider disposals to $85 million over the past 90 days and $100 million over the past two years, including other senior executive transactions. Despite these sales, Mehrotra retains hundreds of millions in Micron shares, maintaining significant alignment with company performance.
3. Stock Performance and Demand
Micron shares have climbed nearly 900% from their 52-week low, driven by robust AI-driven memory chip demand. Investors will be watching whether heightened insider selling signals shifts ahead of the upcoming Q3 earnings report.
