Form 4: Allegro Microsystems Director Sells Over 3,000 Shares Under Pre-Arranged Plan

Richard R. Lury, a Director at Allegro Microsystems, Inc., sold 3,100 shares of common stock for $30.45 per share on June 11, 2025, reducing his direct beneficial ownership to 19,925 shares.

Summary

• Richard R. Lury, a Director of Allegro Microsystems, Inc. (ALGM), sold 3,100 shares of the company's common stock.
• The transaction occurred on June 11, 2025, at a price of $30.45 per share.
• Following this sale, Mr. Lury directly beneficially owns 19,925 shares of Allegro Microsystems common stock.
• The transaction was made pursuant to a Rule 10b5-1(c) pre-arranged trading plan.

Sentiment

Score: 4

Explanation: The sale of shares by a director, while executed under a pre-arranged plan, can still be perceived as a slightly negative signal by the market, indicating a reduction in insider ownership.

Positives

• The sale was conducted under a Rule 10b5-1(c) plan, which indicates it was pre-scheduled and not necessarily based on new, non-public information.

Negatives

• A director selling shares can sometimes be perceived negatively by the market as it reduces their direct stake in the company.

Risks

• Potential negative market perception due to insider selling, even if pre-planned.

Future Outlook

NA

Industry Context

This Form 4 filing is specific to an individual director's stock transaction and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: May interpret the director's sale as a minor negative signal, potentially leading to short-term price fluctuations.

Key Dates

Recommendation

Keywords

Allegro Microsystems, ALGM, Insider Trading, Form 4, Stock Sale, Director, Richard R. Lury, Beneficial Ownership, Rule 10b5-1