Form 8-K
8-K — MICRON TECHNOLOGY INC
Accession: 0001104659-26-071845
Filed: 2026-06-09
Period: 2026-06-09
CIK: 0000723125
SIC: 3674 (SEMICONDUCTORS & RELATED DEVICES)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — tm2617112d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2617112d1_ex99-1.htm)
GRAPHIC (tm2617112d1_8kimg001.jpg)
GRAPHIC (tm2617112d1_ex99-1img001.jpg)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — FORM 8-K
8-K (Primary)
Filename: tm2617112d1_8k.htm · Sequence: 1
false
0000723125
0000723125
2026-06-09
2026-06-09
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
June
9, 2026
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 June 9, 2026, the Board of Directors (“Board”)
of Micron Technology, Inc. (the “Company”) appointed Alexis Black Björlin as a member of the Board. The Board has determined
that Dr. Björlin is an independent director under the applicable rules of the Nasdaq Stock Market LLC (the “Independence Rules”).
Following the appointment of Dr. Björlin, the Board will have a total of nine directors, of which eight are determined to be
independent under the Independence Rules. Dr. Björlin has also been appointed to the Governance and Sustainability Committee
of the Board.
Dr. Björlin will participate in the Company’s
2025 Director Compensation Plan, which provides for cash and equity compensation for non-employee directors, including (i) pro rata portion
of a cash retainer of $125,000 for her service as a member of the Board and (ii) a grant on the date of her appointment equal to the pro
rata portion of the annual grant of restricted stock, valued at $250,000. Dr. Björlin will also enter into the Company’s
standard form of indemnification agreement.
There is no arrangement or understanding between
Dr. Björlin and any other person pursuant to which she was selected as a director, and there is no family relationship between
Dr. Björlin and any of the Company’s other directors or executive officers. Dr. Björlin does not have a
direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
On June 9, 2026, the Company issued a press release announcing the appointment of Dr. Björlin as director. The press release
is attached as Exhibit 99.1 to this report.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No.
Description
99.1
Press Release dated June 9, 2026
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.
MICRON TECHNOLOGY, INC.
Date:
June 9, 2026
By:
/s/ Michael Ray
Name:
Michael Ray
Title:
Senior Vice President, Chief Legal Officer and Corporate Secretary
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2617112d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Micron
Appoints Alexis Black Björlin to Board of
Directors
BOISE, Idaho,
June 9, 2026 — Micron Technology, Inc. (Nasdaq: MU) today
announced the appointment of Dr. Alexis Black Björlin to its board of directors.
Dr. Björlin is a highly accomplished technology executive
with deep experience spanning artificial intelligence infrastructure, cloud platforms, semiconductors, networking and optical systems.
She is currently Chief Strategy Officer at General Catalyst. Previously, Dr. Björlin served as senior vice president and general
manager of DGX Cloud at NVIDIA. She has also held senior leadership roles at several other leading technology companies, including vice
president of infrastructure at Meta Platforms, senior vice president and general manager of the Optical Systems division at Broadcom,
corporate vice president of Intel’s Data Center Group and president of Source Photonics.
Dr. Björlin has served on the boards of Digital Realty, Astera
Labs, Celestial AI, and the Global Semiconductor Alliance.
“Alexis is a respected technology and business leader with exceptional
expertise at the intersection of AI infrastructure, cloud systems and semiconductors,” said Sanjay Mehrotra, Chairman, President
and CEO of Micron. “Her experience leading large-scale technology platforms and advancing some of the industry’s most important
innovations will be a tremendous asset to Micron. We are very pleased to welcome Alexis to our board and look forward to the insight she
will bring as we continue to build on our technology leadership and capture the significant opportunities ahead.”
“I am delighted to welcome Alexis to the Micron board of directors,”
said Lynn Dugle, Micron’s lead independent director. “Alexis brings a rare combination of technical depth, strategic vision
and operating experience across some of the world’s most important technology companies. I am confident she will contribute to our
board’s work and to Micron’s long-term success.”
Dr. Björlin holds a Bachelor of Science in materials science
and engineering from the Massachusetts Institute of Technology and a Ph.D. in materials science from the University of California, Santa
Barbara.
About Micron
Technology, Inc.
Micron Technology, Inc. is an industry leader in innovative memory
and storage solutions transforming how the world uses information to enrich life for all. With a relentless focus on our customers,
technology leadership, and manufacturing and operational excellence, Micron delivers a rich portfolio of high-performance DRAM, NAND,
and NOR memory and storage products. Every day, the innovations that our people create fuel the data economy, enabling advances in artificial
intelligence (AI) and compute-intensive applications that unleash opportunities — from the data center to the intelligent edge and
across the client and mobile user experience. To learn more about Micron Technology, Inc. (Nasdaq: MU), visit micron.com.
© 2026 Micron Technology, Inc. All rights reserved. Information,
products, and/or specifications are subject to change without notice. Micron, the Micron logo, and all other Micron trademarks are the
property of Micron Technology, Inc. All other trademarks are the property of their respective owners.
Micron Media Relations Contact
Mark Plungy Micron Technology, Inc.
+1 (408) 203-2910
corpcomms@micron.com
Micron Investor Relations Contact
Satya Kumar Micron Technology, Inc.
+1 (408) 450-6199
satyakumar@micron.com
GRAPHIC
GRAPHIC
Filename: tm2617112d1_8kimg001.jpg · Sequence: 6
Binary file (3750 bytes)
Download tm2617112d1_8kimg001.jpg
GRAPHIC
GRAPHIC
Filename: tm2617112d1_ex99-1img001.jpg · Sequence: 7
Binary file (7732 bytes)
Download tm2617112d1_ex99-1img001.jpg
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 9
v3.26.1
Cover
Jun. 09, 2026
Cover [Abstract]
Document Type
8-K
Amendment Flag
false
Document Period End Date
Jun. 09, 2026
Entity File Number
1-10658
Entity Registrant Name
Micron
Technology, Inc.
Entity Central Index Key
0000723125
Entity Tax Identification Number
75-1618004
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
8000
South Federal Way
Entity Address, City or Town
Boise
Entity Address, State or Province
ID
Entity Address, Postal Zip Code
83716-9632
City Area Code
(208)
Local Phone Number
368-4000
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Title of 12(b) Security
Common
Stock, par value $0.10 per share
Trading Symbol
MU
Security Exchange Name
NASDAQ
Entity Emerging Growth Company
false
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Cover page.
+ References
No definition available.
+ Details
Name:
dei_CoverAbstract
Namespace Prefix:
dei_
Data Type:
xbrli:stringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration