Hagen Erin 4
Research Summary
AI-generated summary
Allegro (ALGM) CHRO Erin Hagen Sells 5,815 Shares for Taxes
What Happened
- Erin Hagen, SVP & Chief Human Resources Officer at Allegro Microsystems, had 5,815 shares disposed (withheld) to cover taxes upon the vesting of restricted stock units. The withholding was executed at $43.10 per share for a total value of about $250,627. The transaction is reported as code F (tax withholding).
Key Details
- Transaction date: 2026-05-16
- Price per share: $43.10
- Shares withheld/disposed: 5,815
- Total value: $250,627 (5,815 × $43.10)
- Shares owned after transaction: not specified in the provided filing
- Footnote: F1 — shares were withheld to cover taxes due on previously granted RSUs
- Filing date: 2026-05-19 (timeliness not specified in the provided data)
Context
- This was a routine tax-withholding disposition tied to RSU vesting (a cashless/withholding action), not an open-market sale that signals a trading decision. Such withholdings are common when restricted shares vest and do not, by themselves, imply a view on the company’s future performance.