Madormo Richard 4
4 · ALLEGRO MICROSYSTEMS, INC. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
Allegro SVP Richard Madormo Sells 5,439 Shares for Tax Withholding
What Happened
- Richard Madormo, Senior Vice President, Worldwide Sales at Allegro Microsystems (ALGM), had 5,439 shares withheld to cover tax liabilities related to the vesting of previously granted restricted stock units (RSUs). The withholding was executed at $43.10 per share for a total value of approximately $234,421. This is a tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date and price: 2026-05-16 — 5,439 shares withheld at $43.10 per share (total ~$234,421).
- Transaction type: Code F — shares withheld to satisfy tax withholding upon RSU vesting (Footnote F1).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Filing date: Form 4 filed with the SEC on 2026-05-19. The filing does not state any late-reporting flag in the provided details.
Context
- This was a routine tax-withholding action associated with RSU vesting (cashless-like withholding), not an indication that the insider initiated an open-market sale or purchase. Such withholdings are common for employees receiving equity compensation and generally do not signal a change in insider sentiment.
Insider Transaction Report
Form 4
Madormo Richard
SVP, Worldwide Sales
Transactions
- Tax Payment
Common Stock
[F1]2026-05-16$43.10/sh−5,439$234,421→ 74,687 total
Footnotes (1)
- [F1]Represents shares withheld to cover taxes due upon the vesting of restricted stock units that were previously granted by the Issuer.
Signature
/s/ Raymond Myer, Attorney-in-Fact for Richard Madormo|2026-05-19