Haynesworth Linnie M has reported a transaction involving restricted stock units and common stock in a recent SEC filing. This filing is significant as it underscores the ongoing equity management strategies within the semiconductor industry, particularly at Micron Technology Inc., where Linnie M serves as a director.
According to the filing dated October 15, 2026, Linnie M holds 13,632 shares of common stock following the transaction. Additionally, Linnie M acquired 304 restricted stock units, which are set to vest fully one year after the award date. The filing notes that vested shares will be delivered to Linnie M fifteen days after separation from service or earlier in the event of a change in control at the company.
Background
Haynesworth Linnie M is a director at Micron Technology Inc., a leading player in the semiconductor industry. Micron is known for its innovative memory and storage solutions, and it operates under the SIC classification for semiconductors and related devices. The company is incorporated in Delaware and has its headquarters in Boise, Idaho. Micron's stock is traded under the symbol MU.
What the Filing Says
The recent filing, accession number 0001790292-26-000003, indicates that Linnie M acquired 304 restricted stock units on October 13, 2026. The filing states, "Director Restricted Stock Units vest at 100% on one-year anniversary date of award." This highlights the importance of long-term incentives for directors in aligning their interests with those of shareholders.
Impact
This transaction may impact shareholders and potential investors in Micron Technology Inc. as it reflects the company's commitment to incentivizing its leadership. The vesting of restricted stock units is designed to encourage directors to focus on the long-term performance of the company, which is crucial in the competitive semiconductor market.
What's Next
The filing does not say what happens next.