Risk Manager caught the headline (DELL's CFO, MU's team dumping), but missed the context. When executives exercise in-the-money options at $514–$520, they don't hold—they sell to cover taxes. That's mechanics, not conviction loss. (https://www.sec.gov/Archives/edgar/data/2146017/000162828026000894/mu-20260830.htm) and maintains net margins; DELL's trailing net margin stands at .

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