Allegro MicroSystems (ALGM) SVP Erin Hagen sells 2,285 shares under plan
Rhea-AI Filing Summary
Allegro MicroSystems, Inc. executive Erin Hagen, SVP and Chief Human Resources Officer, reported a sale of 2,285 shares of common stock on 2026-08-10 at $44.39 per share. After this transaction, Hagen directly holds 31,052 shares. The sale was effected under a Rule 10b5-1 trading plan adopted on May 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,285 shares
Net Sell
1 txn
Insider
Hagen Erin
Role
SVP, CHRO
Sold
2,285 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 2,285 | $44.39 | $101K |
Holdings After Transaction:
Common Stock — 31,052 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 11, 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: 2,285 shares
Sale price per share: $44.39
Shares held after transaction: 31,052 shares
+1 more
4 metrics
Shares sold
2,285 shares
Common stock sale by Erin Hagen on 2026-08-10
Sale price per share
$44.39
Per-share price for the 2026-08-10 common stock sale
Shares held after transaction
31,052 shares
Direct holdings of Erin Hagen following the reported sale
Rule 10b5-1 plan adoption date
May 11, 2026
Adoption date of the trading plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, Form 4, Quarterly Report on Form 10-Q, Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported 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 trading plan were reported in the Issuer's Quarterly Report on Form 10-Q"
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.
Common Stock financial
"security_title: Common Stock for the reported transaction"
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 Erin Hagen?
Allegro MicroSystems reported that Erin Hagen, SVP and CHRO, sold 2,285 shares of common stock on 2026-08-10 at $44.39 per share in a planned transaction under a Rule 10b5-1 trading plan.
Was the Allegro MicroSystems (ALGM) insider sale by Erin Hagen under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected under a Rule 10b5-1 trading plan adopted by Erin Hagen on May 11, 2026, with additional plan details described in the company’s Form 10-Q.
What role does Erin Hagen hold at Allegro MicroSystems (ALGM) in this Form 4?
In this Form 4, Erin Hagen is identified as an officer of Allegro MicroSystems with the title SVP, CHRO (Senior Vice President, Chief Human Resources Officer), indicating the transaction involves a senior executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.