Briansky Sharon 4
Research Summary
AI-generated summary
Allegro (ALGM) SVP Sharon Briansky Sells 8,948 Shares
What Happened
Sharon Briansky, Senior Vice President, General Counsel and Secretary of Allegro MicroSystems, sold 8,948 shares of ALGM stock on May 11, 2026. The weighted average sale price was $47.54, resulting in gross proceeds of approximately $425,380. This was a sale (liquidity), which is often routine insider selling and not a purchase signal.
Key Details
- Transaction date: May 11, 2026; Form 4 filed May 13, 2026 (appears timely).
- Shares sold: 8,948 shares; weighted average price reported: $47.54.
- Price range: shares were sold at multiple prices between $47.500 and $47.675 (footnote). The reporting person will provide a breakdown of quantities at each price upon request.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Transaction type/code: Sale (S) — open market/private sale designation in the filing.
Context
Insider sales can reflect personal liquidity needs or routine portfolio management and do not by themselves indicate management views on the company’s prospects. The filing’s footnote clarifies the reported price is a weighted average across several execution prices; further detail can be requested from the company or SEC staff.