Allegro MicroSystems (ALGM) SVP trims stake with 4,500-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Allegro MicroSystems, Inc. senior vice president Troy Coleman reported an open-market sale of 4,500 shares of Common Stock at $45.72 per share. After this transaction, he directly owned 77,476 shares, indicating he retained the majority of his personal stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,500 shares ($205,740)
Net Sell
1 txn
Insider
Coleman Troy
Role
SVP, General Manager, Products
Sold
4,500 shs ($206K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,500 | $45.72 | $206K |
Holdings After Transaction:
Common Stock — 77,476 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 4,500 shares
Sale price: $45.72 per share
Shares owned after transaction: 77,476 shares
+1 more
4 metrics
Shares sold
4,500 shares
Open-market sale on 2026-05-22
Sale price
$45.72 per share
Open-market sale of Common Stock
Shares owned after transaction
77,476 shares
Direct ownership following sale
Net shares sold
4,500 shares
Net-sell direction in transaction summary
Key Terms
Common Stock, open-market sale, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock" associated with the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"transaction_action: "open-market sale" describing the transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the insider report"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Allegro MicroSystems (ALGM) report for Troy Coleman?
Allegro MicroSystems reported that SVP Troy Coleman sold 4,500 shares of Common Stock in an open-market transaction at $45.72 per share. The sale was disclosed on a Form 4 insider trading report filed with regulators.
Was the Allegro MicroSystems (ALGM) insider transaction a buy or a sell?
The transaction was a sale. Form 4 data show Troy Coleman executed an open-market sale of 4,500 Allegro MicroSystems Common Stock shares, classified under transaction code “S,” which denotes a sale in the reporting framework.
What does transaction code "S" mean in the Allegro MicroSystems (ALGM) Form 4?
Transaction code “S” on the Allegro MicroSystems Form 4 indicates a sale of securities. In this case, it reflects Troy Coleman’s open-market sale of 4,500 Common Stock shares, distinguishing it from option exercises, gifts, or tax-related share dispositions.