Allegro MicroSystems (NASDAQ: ALGM) director sells 1,000 shares under trading plan
Rhea-AI Filing Summary
ALLEGRO MICROSYSTEMS, INC. (ALGM) director Jennie Raubacher reported selling 1,000 shares of Common Stock on August 17, 2026 at $45.32 per share in an open-market or private transaction. After this sale, she directly holds 13,976 shares. The sale was executed under a Rule 10b5-1 trading plan adopted on May 19, 2026.
Positive
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Negative
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Insider Trade Summary
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
Raubacher Jennie
Role
Director
Sold
1,000 shs ($45K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,000 | $45.32 | $45K |
Holdings After Transaction:
Common Stock — 13,976 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2026. Details regarding the Reporting Person's trading plan were reported in Part II, Item 5 of the Issuer's Quarterly Report on Form 10-Q for the period ending June 26, 2026, filed with the SEC on July 31, 2026.
Key Figures
Shares sold: 1,000 shares
Sale price per share: $45.32 per share
Shares held after transaction: 13,976 shares
3 metrics
Shares sold
1,000 shares
Common Stock sold on August 17, 2026
Sale price per share
$45.32 per share
Price for the 1,000 ALGM shares sold
Shares held after transaction
13,976 shares
Direct ownership following the August 17, 2026 sale
Key Terms
Rule 10b5-1 trading plan, Form 4, Quarterly Report on Form 10-Q
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1"
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.
Quarterly Report on Form 10-Q regulatory
"Details regarding the Reporting Person's trading plan were reported in Part II, Item 5"
A quarterly report on Form 10-Q is a standardized financial filing public companies must submit to U.S. regulators every three months, summarizing recent financial results, cash flows, balance sheet changes, operations and material risks or legal developments. Investors treat it like a company report card that shows up-to-date facts rather than marketing copy, helping them track performance, spot trends, reassess risk and make buy or sell decisions.
FAQ
What insider transaction did ALGM director Jennie Raubacher report on this Form 4?
Jennie Raubacher reported selling 1,000 shares of Allegro MicroSystems, Inc. (ALGM) Common Stock on August 17, 2026 at $45.32 per share. The transaction is classified as a sale in an open market or private transaction.
Was the ALGM insider sale by Jennie Raubacher made under a Rule 10b5-1 plan?
Yes, the sale was effected under a Rule 10b5-1 trading plan adopted by Jennie Raubacher on May 19, 2026. The footnote explains that additional details on this trading plan were disclosed in Allegro MicroSystems’ Quarterly Report on Form 10-Q.
What role does Jennie Raubacher hold at Allegro MicroSystems, Inc. (ALGM)?
Jennie Raubacher is reported as a director of Allegro MicroSystems, Inc. (ALGM). In this Form 4, she is not identified as an officer or 10% owner; the filing focuses on her director status and the reported stock sale.
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