◆ NeutralMUAVGO
Micron CEO Cashes Out $36 Million In Stock Near All-Time Highs
Benzinga·
Micron Technology CEO Sanjay Mehrotra sold approximately $36 million in company stock on May 29, reducing his direct holdings by 8.82%. The sale was executed under a pre-arranged trading plan adopted in January 2026. While Mehrotra has sold over $100 million in MU stock over the past 24 months and aggregate insider selling reached $85 million in the past 90 days, the CEO maintains significant exposure with hundreds of millions in remaining holdings. Micron stock has surged nearly 900% from its 52-week low, driven by strong demand for AI chips, though the timing of insider sales ahead of Q3 earnings will be closely watched.
Read Full Article at Benzinga →