[144] Allegro MicroSystems, Inc. SEC Filing
Allegro MicroSystems filed a Form 144 reporting a proposed sale of 7,000 common shares through Fidelity Brokerage Services with an aggregate market value of $222,672.93. The filing states 185,040,489 shares outstanding, so the proposed sale equals about 0.0038% of the outstanding common stock. The securities were recorded as acquired by restricted stock vesting on 08/04/2022 (2,637 shares) and 08/03/2023 (4,363 shares) as compensation. The filing also discloses two recent sales by Richard Lury on 06/04/2025 (6,849 shares, proceeds $186,635.23) and 06/11/2025 (3,100 shares, proceeds $94,395.00). The filer represents there is no undisclosed material adverse information.
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Insights
TL;DR: Routine Rule 144 filing showing a small insider sale; limited apparent market consequence based on reported figures.
The Form 144 discloses a proposed sale of 7,000 shares valued at $222,672.93 and lists total outstanding shares at 185,040,489, so the transaction represents roughly 0.0038% of outstanding stock. The securities were obtained via restricted stock vesting (08/04/2022 and 08/03/2023) as compensation. Two recent dispositions by Richard Lury are reported with specific dates and proceeds. Overall, the filing documents standard insider disposition mechanics without additional company-specific operational or financial disclosures.
TL;DR: Disclosure adheres to Rule 144 form requirements; shows insider vesting and subsequent sales with required representations about material nonpublic information.
The filing identifies the broker (Fidelity Brokerage Services LLC) and provides acquisition details showing the shares were granted via restricted stock vesting and paid as compensation. The document includes the seller's recent sales history (Richard Lury) with dates and gross proceeds and contains the standard signature representation that no undisclosed material adverse information is known. The submission is a routine governance disclosure; it does not introduce new operational, legal, or financial events.