Doogue Michael 4

What Happened

• Michael Doogue, President & CEO and a director of Allegro Microsystems (ALGM), had 60,508 shares withheld to cover tax obligations arising from the vesting of restricted stock units (RSUs) and performance-vesting RSUs. The withholding was recorded as a disposition at $43.10 per share, totaling $2,607,895.
• This was a tax-withholding (cashless) disposition tied to equity vesting, not an open-market sale; such withholdings are routine and do not necessarily signal a change in insider sentiment.

Key Details

• Transaction date: 2026-05-16; Form 4 filed: 2026-05-19.
• Price used for withholding: $43.10 per share.
• Shares withheld/disposed: 60,508; aggregate value: $2,607,895.
• Footnote: F — shares withheld to cover taxes due upon vesting of restricted stock units and performance-vesting restricted stock units previously granted.
• Shares owned after the transaction: not specified in the provided excerpt.
• Filing timeliness: Form 4 was filed three days after the transaction date; the filing shows no late-report indication in the provided data.

Context

• This was a tax-withholding event (code F), a common administrative action when equity awards vest; it differs from an open-market sale and generally carries less informational weight for trading signals.
• Retail investors typically view purchases as more meaningful signals than routine withholdings; note the transaction simply reflects tax payment on vested awards.