Form 4: Allegro MicroSystems Insider Stock Transaction
Statement of Changes in Beneficial Ownership
VP and Chief Accounting Officer Roald G. Webster disposed of 4,277 shares of Allegro MicroSystems common stock to cover tax obligations.
Summary
- Roald G. Webster, VP and Chief Accounting Officer of Allegro MicroSystems, Inc. (ALGM), executed a transaction on May 16, 2026.
- The transaction involved the disposal of 4,277 shares of common stock at a price of $43.10 per share.
- The disposal was conducted to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs) and performance-vesting restricted stock units.
- Following this transaction, the reporting person maintains a direct beneficial ownership of 18,323 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction rather than a strategic shift or discretionary divestment.
Positives
- The transaction was a mandatory tax withholding event rather than a discretionary open-market sale, indicating no change in the officer's long-term confidence in the company.
Negatives
- Reduction in the total number of shares held directly by the Chief Accounting Officer.
Risks
- General market volatility affecting the valuation of equity-based compensation.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that tax-related share withholding is a standard administrative procedure for corporate executives and does not typically signal a change in corporate strategy or insider sentiment.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation practices in the semiconductor industry where equity vesting triggers automatic tax withholding.
Stakeholder Impact
- Minimal impact on shareholders as the transaction was a routine tax withholding event.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 05/16/2026 | Date of the reported stock transaction. |
| 05/19/2026 | Date the Form 4 was signed and filed. |
Keywords
Allegro MicroSystems, ALGM, Insider Trading, Form 4, Chief Accounting Officer, Equity Compensation
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