Allegro (ALGM) Director Jennie Raubacher Sells 1,000 Shares

What Happened

• Jennie Raubacher, a director of Allegro Microsystems, sold 1,000 shares in an open-market transaction on August 17, 2026. The shares were sold at $45.32 per share for total proceeds of $45,320. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: 2026-08-17 at $45.32 per share.
• Total value: $45,320.
• Shares owned after the transaction: Not specified in the provided filing summary.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Ms. Raubacher on May 19, 2026; plan details were reported in the issuer’s Form 10-Q for the period ending June 26, 2026 (filed July 31, 2026).
• Filing timeliness: Form 4 was filed on 2026-08-18 for a 2026-08-17 transaction, which is within the normal two-business-day reporting window (timely).

Context

• The sale was executed under a pre-arranged 10b5-1 plan, which allows insiders to sell shares according to a set schedule and can limit the informational value of the transaction. Sales by directors are common and do not by themselves indicate the company’s future performance.