Sumit Sadana
Net Worth

Last updated:

What is Sumit Sadana net worth?

The estimated net worth of Mr. Sumit Sadana is at least $57,960,477 as of 13 May 2024. He owns shares worth $26,500,028 as insider, has earned $20,360,449 from insider trading and has received compensation worth at least $11,100,000 in Micron Technology, Inc..

What is the salary of Sumit Sadana?

Mr. Sumit Sadana salary is $2,220,000 per year as Executive Vice President & Chief Bus. Officer in Micron Technology, Inc..

How old is Sumit Sadana?

Mr. Sumit Sadana is 56 years old, born in 1969.

What stocks does Sumit Sadana currently own?

As insider, Mr. Sumit Sadana owns shares in one company:

Company Title Shares Price per share Total value
Micron Technology, Inc. (MU) Executive Vice President & Chief Bus. Officer 218,048 $121.53 $26,500,028

What does Micron Technology, Inc. do?

Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.

MU logo
MU
Micron Technology, Inc.
$121.53

Sumit Sadana insider trading

Micron Technology, Inc.

Mr. Sumit Sadana has made 11 insider trades between 2020-2024, according to the Form 4 filled with the SEC. Most recently he sold 12,000 units of MU stock worth $1,476,120 on 13 May 2024.

The largest trade he's ever made was exercising 104,280 units of MU stock on 6 Jul 2021. As of 13 May 2024 he still owns at least 218,048 units of MU stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 12,000 $123.01 $1,476,120
Option
Common Stock 3,983 $41.56 $165,533
Sale
Common Stock 30,909 $120.5 $3,724,535
Option
Non-qualified Stock Options 3,983 $41.56 $165,533
Sale
Common Stock 3,883 $121.14 $470,387
Option
Non-qualified Stock Options 10,048 $41.56 $417,595
Option
Common Stock 10,048 $41.56 $417,595
Sale
Common Stock 13,239 $118.77 $1,572,396
Option
Common Stock 31,286 N/A N/A
Option
Performance Restricted Stock Units 13,218 N/A N/A
Option
Common Stock 2,550 N/A N/A
Option
Common Stock 2,550 N/A N/A
Option
Common Stock 12,425 N/A N/A
Option
Performance Restricted Stock Units 7,728 N/A N/A
Option
Performance Restricted Stock Units 12,980 N/A N/A
Option
Common Stock 12,071 N/A N/A
Sale
Common Stock 42,667 $70.05 $2,988,823
Sale
Common Stock 17,000 $62.44 $1,061,480
Sale
Common Stock 32,500 $62.5 $2,031,250
Option
Common Stock 1,311 N/A N/A
Option
Performance Restricted Stock Units 11,272 N/A N/A
Option
Performance Restricted Stock Units 13,218 N/A N/A
Option
Performance Restricted Stock Units 15,643 N/A N/A
Option
Common Stock 49,485 N/A N/A
Option
Common Stock 12,160 N/A N/A
Option
Common Stock 31,286 N/A N/A
Option
Common Stock 50,796 N/A N/A
Option
Performance Restricted Stock Units 25,410 N/A N/A
Option
Non-qualified Stock Options 100,177 N/A N/A
Sale
Common Stock 104,280 N/A N/A
Sale
Common Stock 104,280 $67.47 $7,035,459
Option
Common Stock 100,177 N/A N/A
Option
Common Stock 100,177 $60.99 $6,109,795
Option
Non-qualified Stock Options 100,177 $60.99 $6,109,795
Sale
Common Stock 15,745 N/A N/A
Sale
Common Stock 35,000 N/A N/A
Option
Common Stock 70,721 N/A N/A
Option
Performance Restricted Stock Unit 45,997 N/A N/A
Option
Common Stock 70,721 N/A N/A

Micron Technology key executives

Micron Technology, Inc. executives and other stock owners filed with the SEC: