Last updated: 17 July 2024 at 7:09pm EST

Sumit Sadana Net Worth




The estimated Net Worth of Sumit Sadana is at least $57.9 Million dollars as of 9 May 2024. Mr. Sadana owns over 60,031 units of Micron Technology stock worth over $19,766,051 and over the last 10 years he sold MU stock worth over $31,951,283. In addition, he makes $6,224,520 as Executive Vice President and Chief Business Officer at Micron Technology.

Mr. Sadana MU stock SEC Form 4 insiders trading

Sumit has made over 14 trades of the Micron Technology stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 60,031 units of MU stock worth $7,243,340 on 9 May 2024.

The largest trade he's ever made was selling 104,280 units of Micron Technology stock on 6 July 2021 worth over $8,386,198. On average, Sumit trades about 17,738 units every 66 days since 2015. As of 9 May 2024 he still owns at least 218,048 units of Micron Technology stock.

You can see the complete history of Mr. Sadana stock trades at the bottom of the page.





Sumit Sadana biography

Sumit Sadana serves as Executive Vice President and Chief Business Officer of the Company. Mr. Sadana served in various roles at SanDisk Corporation, including Executive Vice President, Chief Strategy Officer, and General Manager, Enterprise Solutions when it was acquired by Western Digital in May 2016. Mr. Sadana currently serves on the Board of Directors of Silicon Laboratories, Inc. Mr. Sadana holds a B.Tech. in Electrical Engineering from the Indian Institute of Technology, Kharagpur, India and an M.S. in Electrical Engineering from Stanford University.

What is the salary of Sumit Sadana?

As the Executive Vice President and Chief Business Officer of Micron Technology, the total compensation of Sumit Sadana at Micron Technology is $6,224,520. There are 3 executives at Micron Technology getting paid more, with Sanjay Mehrotra having the highest compensation of $16,944,800.



How old is Sumit Sadana?

Sumit Sadana is 51, he's been the Executive Vice President and Chief Business Officer of Micron Technology since 2017. There are 17 older and 4 younger executives at Micron Technology. The oldest executive at Micron Technology Inc. is Trevor Stanley Schultz M.A. (ECON), 79, who is the Chief Information Officer & VP of Information Systems.

What's Sumit Sadana's mailing address?

Sumit's mailing address filed with the SEC is 8000, South Federal Way, Micron Technology, Boise, Ada County, Idaho, 83716, United States.

Insiders trading at Micron Technology

Over the last 22 years, insiders at Micron Technology have traded over $281,012,569 worth of Micron Technology stock and bought 28,400 units worth $432,426 . The most active insiders traders include Robert Holmes Swan, Dermot Mark Durcan, and Brian Shirley. On average, Micron Technology executives and independent directors trade stock every 10 days with the average trade being worth of $3,605,241. The most recent stock trade was executed by Scott R. Allen on 19 July 2024, trading 269 units of MU stock currently worth $24,385.



What does Micron Technology do?

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and USB flash drives. It is headquartered in Boise, Idaho. Its consumer products, including the Ballistix line of memory modules, are marketed under the Crucial brand. 



What does Micron Technology's logo look like?

Micron Technology Inc. logo

Complete history of Mr. Sadana stock trades at Micron Technology and Silicon Laboratories Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
9 May 2024 Sumit Sadana
EVP and Chief Business Officer
Sale 60,031 $120.66 $7,243,340
9 May 2024
218,048
13 Oct 2023 Sumit Sadana
EVP and Chief Business Officer
Option 60,882 $69.21 $4,213,643
13 Oct 2023
311,083
4 Aug 2023 Sumit Sadana
EVP and Chief Business Officer
Sale 42,667 $70.05 $2,988,823
4 Aug 2023
208,987
1 May 2023 Sumit Sadana
EVP and Chief Business Officer
Sale 49,500 $62.48 $3,092,760
1 May 2023
0
13 Oct 2022 Sumit Sadana
EVP and Chief Business Officer
Option 94,242 $54.86 $5,170,116
13 Oct 2022
302,471
16 Oct 2021 Sumit Sadana
EVP and Chief Business Officer
Option 40,988 $67.68 $2,774,068
16 Oct 2021
248,971
13 Oct 2021 Sumit Sadana
EVP and Chief Business Officer
Option 50,796 $66.38 $3,371,838
13 Oct 2021
231,975
6 Jul 2021 Sumit Sadana
EVP and Chief Business Officer
Sale 104,280 $80.42 $8,386,198
6 Jul 2021
119,353
19 May 2021 Sumit Sadana
EVP and Chief Business Officer
Sale 31,490 $79.33 $2,498,102
19 May 2021
0
16 Feb 2021 Sumit Sadana
EVP and Chief Business Officer
Sale 70,000 $88.00 $6,160,000
16 Feb 2021
15,745
16 Oct 2020 Sumit Sadana
EVP and Chief Business Officer
Option 70,721 $51.61 $3,649,911
16 Oct 2020
269,577
19 May 2021 Sumit Sadana
Director
Sale 8,000 $132.06 $1,056,480
19 May 2021
2,281
13 Aug 2018 Sumit Sadana
Director
Sale 5,500 $95.56 $525,580
13 Aug 2018
5,313
20 Apr 2017 Sumit Sadana
Director
Buy 2,702 $72.70 $196,435
20 Apr 2017
8,988


Micron Technology executives and stock owners

Micron Technology executives and other stock owners filed with the SEC include: