Allegro MicroSystems (ALGM) SVP sells stock, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegro MicroSystems SVP and CHRO Erin Hagen reported two stock transactions in company shares. On March 2, 2026, Hagen completed an open-market sale of 2,598 shares of common stock at $35.00 per share, leaving 30,094 shares of direct ownership after the sale.
On February 27, 2026, Hagen disposed of 1,996 shares of common stock at $36.47 per share to cover taxes due upon the vesting of previously granted restricted stock units, as indicated by the footnote. Both transactions involve directly held common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,598 shares ($90,930)
Net Sell
2 txns
Insider
Hagen Erin
Role
SVP, CHRO
Sold
2,598 shs ($91K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,598 | $35.00 | $91K |
| Tax Withholding | Common Stock | 1,996 | $36.47 | $73K |
Holdings After Transaction:
Common Stock — 30,094 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did ALGM executive Erin Hagen report?
Erin Hagen reported two transactions in Allegro MicroSystems common stock. She sold 2,598 shares at $35.00 per share and disposed of 1,996 shares at $36.47 per share to cover taxes on vested restricted stock units.
Were both ALGM insider transactions by Erin Hagen regular sales?
No, only one was a regular open-market sale. The 2,598-share transaction at $35.00 was an open-market sale, while the 1,996-share transaction at $36.47 was a tax-withholding disposition tied to restricted stock unit vesting.