Allegro MicroSystems (ALGM) insider sold 8,266 shares; holdings now 17,300
Rhea-AI Filing Summary
Allegro MicroSystems insider sale by a senior officer. Roald G. Webster, identified as Vice President and Chief Accounting Officer and a director-level reporting person, reported an open-market sale of 8,266 shares of Allegro MicroSystems common stock on 08/22/2025 at a weighted average price of $32.8082 per share. After the transaction, the filing shows the reporting person beneficially owned 17,300 shares. The Form 4 was signed by an attorney-in-fact on 08/25/2025 and includes a disclosure that the reported price is a weighted average for multiple sale prices in the $31.830 to $32.795 range.
Positive
- Timely and complete disclosure of an insider sale on Form 4, including weighted-average pricing and post-transaction beneficial ownership
- Identification of reporting person and title (VP, Chief Accounting Officer) provides clear governance context
Negative
- Insider disposition of 8,266 shares reduced beneficial ownership to 17,300 shares, which may be interpreted negatively by some investors
- No disclosure of a Rule 10b5-1 trading plan or reason for the sale is included in the filing
Insights
TL;DR: Insider sold a portion of holdings; transaction appears routine and provides liquidity, not necessarily a signal on fundamentals.
The sale of 8,266 shares at a weighted average price of $32.8082 reduced the reporting person’s beneficial ownership to 17,300 shares. The filing documents a standard Section 16 disclosure of an open-market disposition with a price range across multiple executions. There is no accompanying information about the reason for the sale, any Rule 10b5-1 trading plan, or changes to other holdings, so the transaction should be interpreted as a disclosed insider sale without additional context on timing or intent.
TL;DR: Compliance appears proper; Form 4 timely discloses sale and weighted-average pricing across multiple executions.
The report identifies the reporting person’s title and relationship to the issuer and includes the required explanation that the price is a weighted average of multiple sale prices. The Form 4 is signed by an attorney-in-fact and provides the necessary affirmation. There is no mention of a 10b5-1 plan or other insider arrangement in the filing, so governance review would note accurate disclosure but lack further explanatory detail.