Micron Technology CEO liquidated shares at prices up to $966 ahead of announcing $22 billion in customer deposits for future supply.
Micron CEO Sanjay Mehrotra sold $37 million in company shares on July 24, 2026, at prices between $906.48 and $965.85. The sale occurred a month before revealing $22 billion in customer deposits tied to take-or-pay contracts, signaling unprecedented demand for memory chips.
The company secured roughly $100 billion in minimum revenue through these agreements, with demand outpacing supply by 50%. Micron’s stock has surged 241% year-to-date, closing at $974.33 on August 20, above Mehrotra’s sale prices.
Insider filings show the CEO disposed of 40,000 shares across 40 lots, leaving potential gains on the table as the stock continued climbing post-announcement.