Allegro Microsystems (ALGM) SVP has 5,815 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLEGRO MICROSYSTEMS, INC. executive Erin Hagen, the company’s SVP and chief human resources officer, had 5,815 shares of Common Stock withheld on May 16, 2026 to cover taxes due on previously granted restricted stock units that vested. After this tax-withholding disposition, Hagen directly owns 33,337 shares of Allegro common stock, indicating this was a routine compensation-related event rather than an open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hagen Erin
Role
SVP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 5,815 | $43.10 | $251K |
Holdings After Transaction:
Common Stock — 33,337 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 5,815 shares
Withholding price per share: $43.10 per share
Shares owned after transaction: 33,337 shares
+1 more
4 metrics
Shares withheld for taxes
5,815 shares
Tax-withholding disposition on May 16, 2026
Withholding price per share
$43.10 per share
Value applied to tax liability
Shares owned after transaction
33,337 shares
Direct ownership following tax withholding
Transaction date
May 16, 2026
Date of tax-withholding disposition
Key Terms
restricted stock units, tax-withholding disposition, Common Stock, Form 4
4 terms
restricted stock units financial
"upon the vesting of restricted stock units that were previously granted"
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 did Allegro Microsystems (ALGM) SVP Erin Hagen report in this Form 4?
Erin Hagen reported a tax-related share disposition, where 5,815 Allegro Microsystems common shares were withheld to cover taxes on vested restricted stock units. This is a routine compensation event rather than an open‑market stock sale.
Does the Form 4 show an open-market sale by Allegro Microsystems (ALGM) executive Erin Hagen?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to pay taxes on vested restricted stock units previously granted as part of Hagen’s equity compensation.
What triggered the tax-withholding disposition for Allegro Microsystems (ALGM) insider Erin Hagen?
The disposition was triggered by the vesting of restricted stock units previously granted by Allegro Microsystems. When these RSUs vested, 5,815 shares of common stock were withheld by the company to satisfy Hagen’s associated tax obligations.