Michael D. Cordano, Executive Vice President of Worldwide Sales at Micron Technology (NASDAQ: MU), has sold nearly $1.5 million worth of the company’s stock, according to a recent regulatory filing.
The transaction, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on April 14, 2026, involved the sale of 3,407 shares at the price of $435, or $1,482,045 in total.
Currently, Cordano holds 44,059 common MU shares, all of which are held directly. Based on the last closing price of $457.23, his position is worth $20,145,097.
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The insider sale comes amid a sharp rally in Micron shares, which have climbed nearly 45% this year and which remain a key focus for Wall Street analysts.
Micron insider sales continue
Cordano’s move was an isolated incident. Notably, Sumit Sadana, Executive Vice President and Chief Business Officer at Micron Technology, had sold 24,000 shares of the company’s common stock just days prior, on April 10, 2026, according to another Form 4 filing.
The shares were sold at prices ranging between $421 and $421.865, for a total transaction value of approximately $10.11 million. Following the sale, Sadana still directly holds 224,021 shares in the company, worth over $102 million.
Similarly, April Arnzen, Executive Vice President and Chief People Officer, sold approximately $13.9 million worth of MU stock across multiple trades at weighted average prices on April 1. The sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on December 19, 2025. Even after the transactions, Arnzen directly held 125,737 company shares, now valued at $57.49 million.
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