Micron Technology Files 8-K on Director and Officer Changes

Ticker: MU · Form: 8-K · Filed: 2025-03-05T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-compensation, board-of-directors

TL;DR

Micron filed an 8-K for board/exec changes. Watch for details on new directors and pay adjustments.

AI Summary

On March 5, 2025, Micron Technology, Inc. filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing indicates the election of new directors and potential adjustments to the compensation of certain officers, though specific names and dollar amounts for these changes are not provided in this initial summary.

Why It Matters

Changes in board composition and executive compensation can signal shifts in company strategy, governance, or financial outlook, which are important for investors to monitor.

Risk Assessment

Risk Level: low — This filing is routine and reports on corporate governance and compensation, which typically carries a low inherent risk.

Key Players & Entities

FAQ

What specific changes were made to the board of directors?

The filing indicates the election of directors, but the specific names and details of any changes are not provided in the initial summary of this 8-K.

Are there any details on new executive compensation arrangements?

The filing mentions compensatory arrangements of certain officers, but specific details regarding these arrangements are not included in the provided summary.

What is the primary purpose of this 8-K filing?

The primary purpose is to report on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.

When was this 8-K filing submitted?

The filing was submitted on March 5, 2025.

What is Micron Technology's principal executive office address?

Micron Technology's principal executive office is located at 8000 South Federal Way, Boise, Idaho 83716-9632.

From the Filing

0001104659-25-020878.txt : 20250305 0001104659-25-020878.hdr.sgml : 20250305 20250305161013 ACCESSION NUMBER: 0001104659-25-020878 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250305 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250305 DATE AS OF CHANGE: 20250305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICRON TECHNOLOGY INC CENTRAL INDEX KEY: 0000723125 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 751618004 STATE OF INCORPORATION: DE FISCAL YEAR END: 0828 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10658 FILM NUMBER: 25711047 BUSINESS ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 BUSINESS PHONE: 2083684000 MAIL ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 8-K 1 tm258327d1_8k.htm FORM 8-K false 0000723125 0000723125 2025-03-05 2025-03-05 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934   March 5 , 2025 Date of Report (date of earliest event reported)       Micron Technology, Inc. (Exact name of registrant as specified in its charter)   Delaware   1-10658   75-1618004 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   8000 South Federal Way Boise , Idaho 83716-9632   (Address of principal executive offices and Zip Code)     ( 208 ) 368-4000   (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading symbol   Name of each exchange on which registered Common Stock, par value $0.10 per share   MU   Nasdaq Global Select Market   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨         Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   On March 5, 2025, the Board of Directors (“Board”) of Micron Technology, Inc. (the “Company”) appointed Anna Christine Simons and Teyin Mark Liu as members of the Board. The Board has determined that each of Ms. Simons and Dr. Liu are independent directors under the applicable rules of the Nasdaq Stock Market LLC (the “Independence Rule

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