Micron Tech Financial Chief to Sell $20 Million of Stock

Micron Technology stock has soared in 2025. (David Paul Morris/Bloomberg)

Micron Technology stock has surged this year after a lackluster 2024 performance, and Chief Financial Officer Mark Murphy has adopted a plan to sell shares of the memory-chip maker.

Micron revenue and earnings have been strong, and quarterly reports this year point to robust demand for artificial intelligence as a major reason. Shares tumbled in the wake of President Donald Trump’s April 2 announcement of tariffs, but have recovered since. They are now up nearly 50% in 2025 after a 1% slip last year.

Murphy adopted a so-called 10b5-1 trading plan on April 22 to sell up to 162,000 Micron shares from July 22 through April 30, 2026, at the latest. Insiders adopt trading plans to remove the appearance of bias from their access to nonpublic information. Plans automatically execute trades when preset conditions, such as price, volume, and timing, are met.

Micron disclosed Murphy’s adoption of the plan in a June 25 regulatory filing with the Securities and Exchange Commission. Using a recent stock price of $125, the shares covered by Murphy’s trading plan represent a total value of about $20.3 million.

The company didn’t respond to a request to make Murphy available for comment. He joined Micron in April 2022, and the stock sales through the plan will be his first as a company insider.

Inside Scoop is a regular Barron’s feature covering stock transactions by corporate executives and board members—so-called insiders—as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups.

Write to Ed Lin at edward.lin@barrons.com