SEC EDGAR · Oct 2, 10:46 PM UTC
Micron director Swan receives 38 restricted stock units in lieu of cash retainer
Historical operation · Retained
“Director Restricted Stock Units are granted in lieu of cash retainer and vest 100% on grant date of award. Pursuant to a deferral election by the Reporting Person, delivery of shares will occur within 15 days after separation from service.”
Quoted source · 13 source segments
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Model assessment
Form 4 for Micron Technology (issuer CIK 0000723125, symbol MU) reports that director Robert Holmes Swan acquired 38 restricted stock units on 2026-09-30 at $0.00 per share under transaction code A, with shares owned following the transaction at 38.00 and direct ownership. Footnote F1 states the units are granted in lieu of a cash retainer, vest 100% on the grant date, and delivery is deferred until within 15 days after separation from service. This is a routine director compensation grant, not an open-market purchase or sale, and it does not establish a material positive or negative catalyst for the issuer; with no prior system signal, the evidence is non-actionable.
13 exact filing citations