Allegro (ALGM) SVP has 13,942 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLEGRO MICROSYSTEMS, INC. senior vice president and general counsel Sharon Briansky reported a routine tax-withholding transaction related to equity compensation. On this Form 4, 13,942 shares of common stock were withheld at $43.10 per share to cover taxes due when previously granted restricted stock units and performance-vesting restricted stock units vested. After this non-market disposition, she directly holds 79,753 shares of Allegro common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Briansky Sharon
Role
SVP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,942 | $43.10 | $601K |
Holdings After Transaction:
Common Stock — 79,753 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 13,942 shares
Withholding price: $43.10 per share
Shares held after transaction: 79,753 shares
3 metrics
Shares withheld for taxes
13,942 shares
Tax-withholding disposition on common stock
Withholding price
$43.10 per share
Value used for tax-withholding shares
Shares held after transaction
79,753 shares
Direct common stock holdings post-transaction
Key Terms
restricted stock units, performance-vesting restricted stock units, tax-withholding disposition, Common Stock
4 terms
restricted stock units financial
"taxes due upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-vesting restricted stock units financial
"vesting of restricted stock units and performance-vesting restricted stock units"
Performance-vesting restricted stock units are a form of employee pay where future company shares are granted only if the business meets specific targets, such as revenue, profit, or stock-price goals. Think of them as a bonus you earn only when certain milestones are hit; for investors they matter because they can increase the number of shares outstanding if goals are met and they reveal how management is being motivated to hit particular financial or operational objectives.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Allegro Microsystems (ALGM) report for Sharon Briansky?
Allegro reported a tax-related share disposition for SVP and general counsel Sharon Briansky. On the Form 4, 13,942 common shares were withheld to cover taxes triggered by the vesting of prior restricted stock unit awards.