[144] Allegro MicroSystems, Inc. SEC Filing
Allegro MicroSystems, Inc. (ALGM) – Form 144 notice
An unidentified insider has filed to sell up to 5,043 common shares through Fidelity Brokerage Services on or after 04 Aug 2025. At the 144-calculated price of $31.17 per share, the proposed sale totals ~$157.2 k. The shares equal roughly 0.003% of the 185.0 million ALGM shares outstanding, indicating an immaterial ownership change. The stock was acquired on 16 May 2025 via restricted-stock vesting as compensation. No other insider sales have been reported in the past three months.
Form 144 is only a notification of intent; execution is optional. The filer certifies there is no undisclosed adverse information regarding ALGM.
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Insights
TL;DR: Small planned insider sale; negligible dilution; neutral signal.
The proposed divestiture represents 0.003% of shares outstanding and ≈0.1× average daily volume, implying minimal market impact. Because the stock was recently earned via restricted-stock vesting, the sale appears to be routine liquidity rather than a strategic exit. No pattern of selling is disclosed, and no material corporate developments are implicated. I view the filing as non-impactful for valuation or sentiment.
TL;DR: Standard Rule 144 compliance; governance risk unchanged.
The insider complied with SEC Rule 144 timelines and aggregation rules, and affirmed the absence of undisclosed adverse information. The modest size and single-transaction nature do not raise red-flag governance concerns such as aggressive insider unloading. Overall, I assess the filing as routine and not materially impactful to shareholders.