Allegro Microsystems (ALGM) accounting chief sells 5,217 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLEGRO MICROSYSTEMS, INC. executive Roald Graham Webster, the VP and Chief Accounting Officer, reported an open-market sale of company stock. He sold 5,217 shares of common stock at a price of $44.885 per share and now directly holds 13,106 shares following this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,217 shares ($234,165)
Net Sell
1 txn
Insider
Webster Roald Graham
Role
VP, Chief Accounting Officer
Sold
5,217 shs ($234K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,217 | $44.885 | $234K |
Holdings After Transaction:
Common Stock — 13,106 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,217 shares
Sale price per share: $44.885 per share
Shares held after sale: 13,106 shares
3 metrics
Shares sold
5,217 shares
Open-market sale of common stock
Sale price per share
$44.885 per share
Price for the 5,217 sold shares
Shares held after sale
13,106 shares
Direct ownership following transaction
Key Terms
open-market sale, Common Stock, Form 4
3 terms
open-market sale financial
"described as an open-market sale of 5,217 Allegro Microsystems common shares"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"He sold 5,217 shares of common stock at a price of $44.885 per share"
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.
Form 4 regulatory
"as disclosed in the Form 4 insider trading report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did ALGM executive Roald Graham Webster report?
Roald Graham Webster reported an open-market sale of Allegro Microsystems common stock. He sold 5,217 shares in a single transaction, as disclosed in the Form 4 insider trading report.
At what price did Roald Graham Webster sell ALGM common stock?
He sold Allegro Microsystems common stock at $44.885 per share. This price applies to the 5,217 shares reported in the Form 4 transaction for the VP and Chief Accounting Officer.
Is the Roald Graham Webster ALGM transaction a buy or a sell?
The transaction is a sell. The Form 4 lists transaction code "S" and describes it as an open-market sale of 5,217 Allegro Microsystems common shares at $44.885 per share.
What role does Roald Graham Webster hold at Allegro Microsystems (ALGM)?
Roald Graham Webster is an officer of Allegro Microsystems, serving as VP and Chief Accounting Officer. His Form 4 filing reports personal trading activity in the company’s common stock.