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Micron CEO’s Sale Was Planned | Raleigh News
Micron CEO Sanjay Mehrotra’s recent $37 million stock sale sparked investor alarm—especially as shares hit a two-month low—but the trades were actually part of a pre-approved 10b5-1 plan set up months ago, well before the dip. The SEC’s cooling-off rules were clearly followed, and Mehrotra’s history shows he’s consistently used these structured plans, not signaling trouble but managing compensation. The real driver behind the stock slide? China’s ChangXin Memory debut reigniting fears of pricing pressure. Meanwhile, Micron’s latest reports reveal strong revenue and sold-out advanced chips…
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