Lynch Susan D 4
Research Summary
AI-generated summary
Allegro MicroSystems (ALGM) Director Susan Lynch Sells 16,711 Shares
What Happened
- Susan D. Lynch, a director of Allegro MicroSystems, sold 16,711 shares in an open-market sale on 2026-05-14. The reported weighted-average price was $45.46, for total proceeds of approximately $759,625. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-05-14; filing date: 2026-05-15 (timely filing).
- Price: weighted average $45.46; shares sold at prices ranging from $45.45 to $45.57 (per footnote).
- Shares disposed: 16,711; proceeds ≈ $759,625.
- Shares owned after transaction: not specified in the provided excerpt of the Form 4.
- Footnote: the reported price is a weighted average; the reporting person can provide a breakdown of shares sold at each price on request.
Context
- This was an open-market sale by a company director. Sales by insiders can be routine (for diversification, taxes, or cash needs) and do not necessarily signal a change in view on the company. There is no indication in this filing of option exercise, a 10b5-1 plan, or a gift associated with the sale.