What changed in this filing

/stocks — the workspaceLOADING

Item 9A. Controls and Procedures

2025-10-03 compared with 2024-10-04 · 72 added, 60 removed, 162 unchanged (45% of the section changed)

13 unchanged sentences

Based on this evaluation, management concluded that our internal control over financial reporting was effective as of August 28, 2025.

The effectiveness of our internal control over financial reporting as of August 29, 2024 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report, which is included in Part II, Item 8, of this Form 10-K.

95 | 2024 10-K

The effectiveness of our internal control over financial reporting as of August 28, 2025 has been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report, which is included in Part II, Item 8, of this Annual Report on Form 10-K.

OTHER INFORMATION

Securities Trading Plans of Directors and Executive Officers

The following officers and director, as defined in Rule 16a-1(f) of the Exchange Act, adopted a “Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K, as follows:

On July 19, 2024 , Michael Ray , our Senior Vice President, Chief Legal Officer and Corporate Secretary , adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of up to 24,379 shares of our common stock acquired upon the vesting of restricted stock units held by Mr.

The actual number of shares sold under the trading arrangement will be net of shares withheld for taxes upon vesting and settlement of the restricted stock units subject to the trading plan.

The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).

The first date that sales of any shares are permitted to be sold under the trading arrangement is January 27, 2025, and subsequent sales under the trading arrangement may occur on a regular basis for the duration of the trading arrangement until July 11, 2025 , or earlier if all transactions under the trading arrangement are completed.

On August 8, 2024 , the Mehrotra Family Trust, a trust for which Sanjay Mehrotra , our President, Chief Executive Officer and Director , serves as trustee, adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of up to 200,000 shares of our common stock acquired by Mr.

Mehrotra upon the vesting of certain equity awards held by Mr.

The following officers, as defined in Rule 16a-1(f) of the Exchange Act, adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K, during the last fiscal quarter.

On July 24, 2025 , Scott DeBoer our Executive Vice President, Chief Technology and Products Officer , adopted a Rule 10b5-1 trading arrangement providing for the sale of an aggregate of up to 82,000 shares of our common stock.

The trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).

The first date that sales of any shares are permitted to be sold under the trading arrangement is November 7, 2024, and subsequent sales under the trading arrangement may occur on a regular basis for the duration of the trading arrangement until November 7, 2026 , or earlier if all transactions under the trading arrangement are completed.

Mehrotra’s Rule 10b5-1 trading plan, dated as of May 15, 2023, expired by its terms prior to August 8, 2024.

No other officers or directors, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K, during the last fiscal quarter.

The first date that sales of any shares are permitted to be sold under the trading arrangement is October 25, 2025, and subsequent sales under the trading arrangement may occur on a regular basis for the duration of the trading arrangement.

The trading arrangement will terminate no less than one year from the date the plan is entered into, or earlier if all transactions under the trading arrangement are completed.

On July 31, 2025 , Mark Murphy , our Executive Vice President and Chief Financial Officer , modified an existing Rule 10b5-1 trading arrangement that was originally entered into on April 22, 2025.

The modified trading arrangement provides for the sale of up to 126,000 shares of common stock.

The first date that sales of any shares are permitted to be sold under the modified trading arrangement, is October 30, 2025, and subsequent sales may occur from time to time for the duration of the trading arrangement until July 31, 2026 , or earlier if all transactions under the trading arrangement are completed.

The modified trading arrangement is intended to satisfy the affirmative defense in Rule 10b5-1(c).

No other directors or officers, as defined in Rule 16a-1(f), adopted and/or terminated a “Rule 10b5-1 trading arrangement” or a “non-Rule 10b5-1 trading arrangement,” as defined in Item 408 of Regulation S-K, during the last fiscal quarter.

DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS

7 unchanged sentences

PRINCIPAL ACCOUNTANT FEES AND SERVICES

103 | 2025 10-K

EXHIBITS AND FINANCIAL STATEMENT SCHEDULE

6 unchanged sentences

See “Index to Exhibits” within Item 15 below.

97 | 2024 10-K

VALUATION AND QUALIFYING ACCOUNTS

6 unchanged sentences

Year ended August 29, 2024 528 57 8 593

Year ended September 1, 2022 233 241 ( 3 ) 471

Year ended August 31, 2023 471 58 ( 1 ) 528

105 | 2025 10-K

Index to Exhibits

12 unchanged sentences

8-K 4.5 2/6/19

4.4 Form of Note for Micron Technology, Inc.’s 5.327% Senior Notes due 2029 (included in Exhibit 4.2)

8-K 4.5 2/6/19

Second Supplemental Indenture, dated as of July 12, 2019, by and between Micron Technology, Inc.

3 unchanged sentences

8-K 4.4 7/12/19

4.7 Form of Note for Micron Technology, Inc.’s 4.663% Senior Notes due 2030 (included in Exhibit 4.5)

8-K 4.4 7/12/19

4.6 Fourth Supplemental Indenture, dated as of November 1, 2021, by and between Micron Technology, Inc.

19 unchanged sentences

4.18 Eighth Supplemental Indenture, dated as of January 12, 2024, by and between Micron Technology, Inc.

B ank Trust Comp any, National Association, as Trustee

Bank Trust Company, National Association, as Trustee

4.19 Form of Note for Micron Technology, Inc.’s 5.30% Senior Notes due 2031 (incorporated by reference from Exhibit 4.

4.20 N inth Supplemental Indenture, dated as of January 16, 202 5, by and between Micron Technology, Inc.

Bank Trust Company, National Association, as Trustee

4.21 F orm of Note for Micron Technology, Inc.

’ s 5.30 % Senior Notes due 20 3 1 (incorporated by reference from Exhibit 4.20 hereto)

80% Senior N otes due 20 35 (included in Exhibit 4.

Exhibit Number Description of Exhibit Filed Herewith Form Period Ending Exhibit/ Appendix Filing Date

4.22 Tenth Supplemental Indenture, dated as of April 29, 2025, by and between Micron Technology, Inc.

Bank Trust Company, National Association, as Trustee

4.23 Form of Note for Micron Technology, Inc.’s 5.65% Senior Notes due 2032 (included in Exhibit 4.

4.24 Form of Note for Micron Technology, Inc.’s 6.05% Senior Notes due 2035 (included in Exhibit 4.

10.1* Micron Technology, Inc.

1 unchanged sentence

DEF 14A B 12/7/17

99 | 2024 10-K

Exhibit Number Description of Exhibit Filed Herewith Form Period Ending Exhibit/ Appendix Filing Date

10.2* Amended and Restated 2004 Equity Incentive Plan

4 unchanged sentences

10-Q 12/1/22 10.3

10.6* Nonstatutory Stock Option Plan, as Amended

10.6* Nonstatutory Stock Option Plan, as a mended

10-K 9/1/16 10.10 10/28/16

20 unchanged sentences

10-Q 6/2/22 10.3 7/1/22

10.17 Credit Agreement, dated as of May 14, 2021, by and among Micron Technology, Inc., as borrower, HSBC Bank USA, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto

10-Q 6/3/21 10.22 7/1/21

10.18 Term Loan Credit Agreement, dated as of May 14, 2021, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto

10-Q 6/3/21 10.23 7/1/21

Term Loan Credit Agreement, dated as of November 3, 2022, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto

12/1/22 10.4 12/22/22

Incremental Amendment No.

1, dated as of January 5, 2023, to the Term Loan Credit Agreement, dated as of November 3, 2022, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

Form of Consent for Named Executive Officers

3/2/23 10.5 3/29/23

Amendment No.

1 to Term Loan Credit Agreement, dated as of March 27, 2023, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

Executive Officer Cash Severance Policy

11/30/23 10.1 12/21/23

Amendment No.

2 to Term Loan Credit Agreement, dated as of March 27, 2023, by and among Micron Technology, Inc., as borrower, Wells Fargo Bank, National Association, as administrative agent, and the lenders party thereto

Severance Policy Acknowledgement Letter for Sanjay Mehrotra

11/30/23 10.2 12/21/23

Amendment No.

1 to Credit Agreement, dated as of March 27, 2023, by and among Micron Technology, Inc., as borrower, HSBC Bank USA, National Association, as administrative agent, and the lenders party thereto

Amended and Restated Severance Agreement by and between Micron Technology, Inc.

11/30/23 10.3 12/21/23

Form of Consent for Named Executive Officers

10.21 Term Loan Credit Agreement, dated as of January 17, 2025, by and among Micron Technology, Inc., as borrower, PNC Bank, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto

Amended and Restated 2007 Equity Incentive Plan Forms of Agreement and Terms and Conditions

2025 Equity Incentive Plan

2025 Equity Incentive Plan Forms of Agreement and Terms and Conditions

2 025 Director Compensation Plan

D irect Funding Agreement, dated December 9, 2024, by and between Micron Idaho Semiconductor Manuf acturing (Triton) LLC and U.S.

Department of Commerce

107 | 2025 10-K

Exhibit Number Description of Exhibit Filed Herewith Form Period Ending Exhibit/ Appendix Filing Date

Direct Funding Agreement, dated December 9, 2024, by and between Micron New York Semiconductor Manufacturing LLC and U.S.

Department of Commerce

10.28 Guarantee and Equity Contribution Agreement, by and between Micron Technology, Inc.

Department of Commerce

10.29 Credit Agreement, dated as of March 12, 2025, by and among Micron Technology, Inc., as borrower, HSBC Bank USA, National Association, as administrative agent, the other agents party thereto, and each financial institution party from time to time thereto

2/27/25 10.10

Amendment No.

2 to Credit Agreement, dated as of June 7, 2023, by HSBC Bank USA, National Association, as administrative agent

1 to Direct Funding Agreement, dated January 17 , 202 5 , by and between Micron Idaho Semiconductor Manufacturing (Triton) LLC and U.S.

Department of Commerce

2/27/25 10.11

Exhibit Number Description of Exhibit Filed Herewith Form Period Ending Exhibit/ Appendix Filing Date

Amendment No.

2 to Term Loan Credit Agreement, dated as of June 7, 2023, by Wells Fargo Bank, National Association, as administrative agent

6/1/23 10.2 6/29/23

E xecutive Officer Cash Severance Policy

11/30/23 10.1 12/21/23

Severance Policy Acknowledgement Letter for Sanjay Mehrotra

11/30/23 10.2 12/21/23

A mended and Restated Severance Agreement b y and between Micron Technol ogy , Inc.

11/30/23 10.3 12/21/23

A mended and Restated 2008 Director Compensation Plan

1 to Direct Funding Agreement, dated January 1 7 , 202 5 , by and between Micron New York Semiconductor Manufacturing LLC and U.S.

Department of Commerce

2/27/25 10.12

A mendment No .

2 to Direct Funding Agreement, dated Ju ne 11 , 2025, by and between Micron Idaho Semiconductor Manufacturing (Triton) LLC and U.S.

Department of Commerce

Amendment No.

2 to Direct Funding Agreement, dated June 11 , 2025, by and between Micron New York Semiconductor Manufacturing LLC and U.S.

Department of Commerce

10.34 A mendment and Restated Guarantee and Equity Cont ribution Agreement , dated June 11, 2025, by and between Micron T echnology, Inc.

Department of Commerce

19.1 Insider Trading Policy of the Registrant

13 unchanged sentences

101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document X

104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) X

104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

* Indicates management contract or compensatory plan or arrangement.

Certain portions of this exhibit have been redacted because they are both not material and is the type that the Registrant treats as private or confidential.

The Registrant hereby agrees to furnish supplementally to the Securities and Exchange Commission, upon its request, an unredacted copy of this exhibit.

FORM 10-K SUMMARY

101 | 2024 10-K

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

4 unchanged sentences

(Principal Financial Officer)

109 | 2025 10-K

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

Signature Title Date

/s/ Sanjay Mehrotra President and October 4, 2024

(Sanjay Mehrotra) Chief Executive Officer and

/s/ Sanjay Mehrotra Chairman, President and

October 3, 2025

(Sanjay Mehrotra) Chief Executive Officer

(Principal Executive Officer)

7 unchanged sentences

Beyer Director October 3, 2025

/s/ Lynn Dugle Director October 4, 2024

/s/ Steve Gomo Director October 4, 2024

/s/ Linnie Haynesworth Director October 4, 2024

(Linnie Haynesworth)

Lead Independent Director

October 3, 2025

/s/ Steven J.

Director October 3, 2025

/s/ Linnie M.

Director October 3, 2025

/s/ Mary Pat McCarthy Director October 3, 2025

(Mary Pat McCarthy)

Christine Simons

Director October 3, 2025

/s/ Robert E.

Switz Chair of the Board October 4, 2024

Switz) Director

Christine Simons)

/s/ Robert H.

Director October 3, 2025

/s/ MaryAnn Wright Director October 3, 2025

1 unchanged sentence

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 9A. Controls and Procedures