Affiliate sale notice — ALGM (NASDAQ: ALGM) files to sell 30,089 shares

Rhea-AI Filing Summary

ALGM affiliate filed a Form 144 proposing the sale of 30,089 shares of Common Stock. The notice lists securities tied to Restricted Stock Vesting with vesting dates 11/18/2021, 05/16/2023, and 06/03/2023 and per‑grant amounts of 3,582, 19,857, and 6,650 shares respectively.

The filing identifies Fidelity Brokerage Services LLC and a NASDAQ listing; proceeds treatment and sale timing are not specified in the provided excerpt.

Insights

Securities Counsel

Form 144 notifies the SEC of an affiliate's proposed resale of shares.

Form 144 is a regulatory notice for affiliates intending to sell restricted or control securities under federal resale rules. The excerpt lists 30,089 shares and shows those shares derive from restricted stock vesting on specific dates.

Timing, broker instructions, and whether sales will occur under Rule 144 volume restrictions are not included in the excerpt; subsequent transaction details will appear in executed trade reports or Form 4 filings if sales occur.

Key Figures

Proposed resale: 30,089 shares Vesting tranche: 3,582 shares Vesting tranche: 19,857 shares +2 more

5 metrics

Proposed resale 30,089 shares Form 144 notice

Vesting tranche 3,582 shares Vested 11/18/2021 (Restricted Stock Vesting)

Vesting tranche 19,857 shares Vested 05/16/2023 (Restricted Stock Vesting)

Vesting tranche 6,650 shares Vested 06/03/2023 (Restricted Stock Vesting)

Broker/intermediary Fidelity Brokerage Services LLC Named on filing

Key Terms

Form 144, Restricted Stock Vesting, Affiliate

3 terms

Form 144 regulatory

"Filed notice of proposed sale of securities by affiliate"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Restricted Stock Vesting financial

"Listed as the source for the securities to be sold"

Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.

Affiliate financial

"Indicates the seller is an affiliate required to file resale notice"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	30089	1421251.25	185290870	05/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/18/2021	Restricted Stock Vesting	Issuer			3582	11/18/2021	Compensation
Common	05/16/2023	Restricted Stock Vesting	Issuer			19857	05/16/2023	Compensation
Common	06/03/2023	Restricted Stock Vesting	Issuer			6650	06/03/2023	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ALGM's Form 144 report?

It reports a proposed resale of 30,089 shares of common stock by an affiliate. The filing lists three restricted stock vesting events totaling 3,582, 19,857, and 6,650 shares tied to specific vesting dates.

Who is the broker or intermediary listed on the Form 144 for ALGM?

The excerpt names Fidelity Brokerage Services LLC with an address shown. This identifies the broker handling the proposed resale; execution details and sale timing are not included in the provided text.

Are the listed shares from compensation or other sources?

The filing describes the securities as resulting from Restricted Stock Vesting, indicating these shares originated from compensation awards that vested on the listed dates rather than open-market purchases.

Does this Form 144 mean the shares have already been sold?

No. Form 144 is a notice of intent to sell; it does not confirm completion. Actual sales, if executed, would generate trade reports and potentially subsequent filings showing final dispositions.