Micron CEO sells $37.3M under 10b5-1 plan

1. 1Micron (MU) CEO Sanjay Mehrotra sold more than 40,000 shares on July 24 for roughly $37.3 million.
2. 2The transactions were executed under a pre-arranged 10b5-1 trading plan and amounted to $29 million and $8.3 million.
3. 3The sale came as memory chip stocks declined, with the share price down about 34% from its June 25 high.

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