Micron Technology EVP Sells $13.9M in Shares

Micron's April Arnzen offloads 40,000 shares as stock hits new highs.

Apr. 4, 2026 at 12:18am

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A photorealistic studio still life featuring a stack of polished metal and glass Micron memory modules arranged elegantly on a clean white background, using dramatic lighting to symbolize the company's strong financial performance.Micron's executive team takes profits as the company's stock reaches new heights.Boise Today

Micron Technology, Inc. (NASDAQ:MU) Executive Vice President April Arnzen sold 40,000 shares of the semiconductor company's stock on April 1st. The shares were sold at an average price of $347.39, resulting in a total transaction value of $13.9 million. Following the sale, Arnzen still owns 125,737 shares of Micron, valued at $43.7 million.

Why it matters

Micron's stock has surged over the past year, reaching new all-time highs as the company benefits from strong demand for its memory and storage products. This insider sale suggests Arnzen is taking some profits off the table, though she still maintains a sizable stake in the company.

The details

Arnzen's share sale represented a 24.13% decrease in her ownership of Micron stock. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Micron's stock price remained flat on the news, closing at $366.24 on Friday.

  • The share sale took place on Wednesday, April 1, 2026.
  • Micron's quarterly dividend of $0.15 per share will be paid on April 15, 2026 to shareholders of record as of March 30, 2026.

The players

April Arnzen

Executive Vice President at Micron Technology, Inc.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions, including DRAM, NAND flash, and solid-state drives.

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What’s next

Micron is scheduled to report its next quarterly earnings results on April 15, 2026, which could provide additional insight into the company's performance and outlook.

The takeaway

This insider sale by a Micron executive suggests the company's stock may have reached lofty valuations, even as the overall memory market remains strong. Investors will be watching to see if Micron can sustain its recent momentum.