Micron Technology Files 8-K on Officer/Director Changes & Financials
Ticker: MU · Form: 8-K · Filed: 2024-10-30T00:00:00.000Z
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes, financials
Related Tickers: MU
TL;DR
Micron's 8-K drops: new execs/directors elected, bylaws amended, financials updated. Watch for leadership shifts.
AI Summary
Micron Technology, Inc. filed an 8-K on October 30, 2024, reporting on several key events as of October 25, 2024. These include the departure of directors or certain officers, the election of directors, the appointment of certain officers, and updates to compensatory arrangements. The filing also covers amendments to articles of incorporation or bylaws, changes in fiscal year, and financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the company's leadership and governance structure, alongside financial reporting, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: medium — Changes in directors, officers, and compensatory arrangements can signal shifts in company strategy or internal dynamics that may affect future performance.
Key Players & Entities
- Micron Technology, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- October 25, 2024 (date) — Date of earliest event reported
- October 30, 2024 (date) — Filing date
FAQ
Who departed from Micron Technology's board or officer positions?
The filing indicates the departure of directors or certain officers, but specific names are not detailed in the provided text.
Were any new directors or officers appointed by Micron Technology?
Yes, the filing explicitly mentions the election of directors and the appointment of certain officers.
What is the primary business of Micron Technology, Inc. according to the filing?
Micron Technology, Inc. is classified under SEMICONDUCTORS & RELATED DEVICES [3674].
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated October 25, 2024.
What other items are covered in this 8-K filing besides personnel changes?
The filing also covers amendments to articles of incorporation or bylaws, changes in fiscal year, and financial statements and exhibits.
Filing Stats: 658 words · 3 min read · ~2 pages · Grade level 10.5 · Accepted 2024-10-30 16:22:02
Key Financial Figures
- $0.10 — h registered Common Stock, par value $0.10 per share MU Nasdaq Global Select M
Filing Documents
- tm2425615d2_8k.htm (8-K) — 37KB
- tm2425615d2_ex3-1.htm (EX-3.1) — 180KB
- tm2425615d2_ex99-1.htm (EX-99.1) — 9KB
- tm2425615d2_8-kimg001.jpg (GRAPHIC) — 9KB
- tm2425615d2_ex99-1img001.jpg (GRAPHIC) — 3KB
- 0001104659-24-112626.txt ( ) — 474KB
- mu-20241025.xsd (EX-101.SCH) — 3KB
- mu-20241025_lab.xml (EX-101.LAB) — 33KB
- mu-20241025_pre.xml (EX-101.PRE) — 22KB
- tm2425615d2_8k_htm.xml (XML) — 4KB
03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year. On October 28, 2024, the Board approved an amendment to the Company's Amended and Restated Bylaws to provide that the number of directors shall be set from time to time by resolution of the Board, effective immediately. This description of the amendment to the Company's bylaws is qualified in its entirety by reference to the text of the Amended and Restated Bylaws filed as Exhibit 3.1 to this report.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Amended and Restated Bylaws as of October 28, 2024. 99.1 Press Release, dated October 30, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: October 30, 2024 MICRON TECHNOLOGY, INC. By: /s/ Michael Ray Name: Michael Ray Title: Senior Vice President, Chief Legal Officer and Corporate Secretary