MUMICRON TECHNOLOGY INC
8-K5.029.01

Jun 9, 2026

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MU 8-K: Smart Summary

85% reduction

On June 9, 2026, Micron Technology, Inc. appointed Dr. Alexis Black Björlin to its Board of Directors as an independent director, bringing the total board membership to nine directors, eight of whom are independent.

Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Executive Compensation

  • Alexis Black Björlin — Participates in the Company's 2025 Director Compensation Plan; entitled to a pro rata portion of a cash retainer of $125,000 for Board service; entitled to a grant on the date of appointment equal to the pro rata portion of an annual restricted stock grant valued at $250,000; will also enter into the Company's standard form of indemnification agreement

Elections

  • Director Alexis Black Björlin — Appointed to the Board of Directors effective June 9, 2026; determined to be independent under Nasdaq Independence Rules; appointed to the Governance and Sustainability Committee; currently Chief Strategy Officer at General Catalyst; previously served as SVP and GM of DGX Cloud at NVIDIA, VP of infrastructure at Meta Platforms, SVP and GM of Optical Systems division at Broadcom, Corporate VP of Intel's Data Center Group, and President of Source Photonics; has served on boards of Digital Realty, Astera Labs, Celestial AI, and the Global Semiconductor Alliance; holds a B.S. in materials science and engineering from MIT and a Ph.D. in materials science from UC Santa Barbara
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