Form 4: Allegro Microsystems Executive Sells Shares
Insider Transaction Report
Allegro Microsystems SVP, General Manager, Products, Troy Coleman, reported a disposition of 9,670 shares of common stock.
Summary
- Troy Coleman, SVP, General Manager, Products at Allegro Microsystems, Inc., reported a transaction on May 16, 2026.
- The transaction involved the disposition of 9,670 shares of common stock.
- These shares were withheld to cover taxes due upon the vesting of restricted stock units previously granted by the Issuer.
- Following this transaction, Mr. Coleman beneficially owns 81,976 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the reported stock disposition is a standard event related to tax obligations upon equity vesting and does not indicate a change in the executive's or company's outlook.
Negatives
- An executive of Allegro Microsystems, Inc. disposed of company stock.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, often related to routine events like tax withholding upon vesting of equity awards, and do not inherently signal a change in the company's fundamental outlook.
Stakeholder Impact
- Shareholders: The disposition of shares by an executive is a standard disclosure and does not inherently impact shareholder value, though it represents a reduction in direct ownership by the reporting person.
Key Dates
| Date | Description |
|---|---|
| 05/16/2026 | Transaction Date |
| 05/19/2026 | Report Date |
Keywords
Form 4, SEC Filing, Insider Transaction, Stock Disposition, Allegro Microsystems, Troy Coleman, Restricted Stock Units, Tax Withholding
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