Form 4: Allegro MicroSystems Executive Stock Transaction

SVP and CHRO Erin Hagen disposed of 5,815 shares of Allegro MicroSystems common stock to cover tax obligations.

Summary

• Erin Hagen, SVP and CHRO of Allegro MicroSystems, Inc., executed a transaction on May 16, 2026.
• The transaction involved the disposition of 5,815 shares of common stock.
• The shares were withheld at a price of $43.10 per share.
• Following this transaction, the reporting person maintains a beneficial ownership of 33,337 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative event, as the share reduction is strictly for tax purposes and does not reflect a change in the executive's outlook on the company.

Positives

• The transaction was a routine tax withholding event rather than a discretionary open-market sale.

Negatives

• Reduction in the total number of shares held directly by the executive.

Risks

• None identified; this is a standard administrative transaction related to equity compensation vesting.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Industry Context

StockSavvy.ai notes that tax withholding transactions are standard corporate governance procedures for executives receiving equity-based compensation and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction follows standard industry practice for executive compensation tax compliance.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a routine tax-related equity adjustment.

Key Dates

Keywords

Allegro MicroSystems, ALGM, Form 4, Insider Transaction, Equity Compensation, Tax Withholding