Allegro Microsystems (ALGM) SVP Erin Hagen Sells 2,285 Shares

What Happened

Erin Hagen, Senior Vice President and Chief Human Resources Officer at Allegro Microsystems (ALGM), sold 2,285 shares on August 10, 2026. The shares were sold at $44.39 per share for total proceeds of $101,431. This was a sale (not a purchase), which is often routine insider liquidity.

Key Details

• Transaction date and price: August 10, 2026 — 2,285 shares at $44.39 each.
• Total value: $101,431.
• Transaction type: Reported as an open-market (or private) sale (code S).
• Shares owned after transaction: Not specified in the information provided on this Form 4.
• Filing: Form 4 filed August 12, 2026 (within the typical two-business-day reporting window).
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Hagen on May 11, 2026; plan details were reported in the issuer’s 10-Q for the period ending June 26, 2026 (filed July 31, 2026).

Context

A 10b5-1 trading plan is a pre-arranged program that allows insiders to sell shares on a preset schedule; transactions under such plans are generally considered routine and are not, by themselves, a clear signal of changed insider sentiment. This filing reports a straightforward sale of shares rather than option exercises, grants, or gifts.