Micron CEO Sells $38M in Stock After 84% Surge

Micron CEO Sanjay Mehrotra sold nearly 40,000 shares worth $38 million after the stock surged 84% in a month. The sales were executed under a pre-planned Rule 10b5-1 trading plan, removing discretion and timing concerns. Mehrotra still directly owns 387,064 shares plus 607,075 indirectly. The pre-planned nature means the sales are not opportunistic or tied to the recent rally.