Allegro Microsystems Officer Sells 9,670 Shares for Tax Withholding
2026-05-19SEC Filing 4 (0001193125-26-231142)
Troy Coleman, Senior Vice President and General Manager of Products at Allegro Microsystems, Inc. (ALGM), filed a Form 4 reporting the sale of 9,670 shares of common stock on May 16, 2026. The shares were sold at $43.10 per share for total proceeds of approximately $416,777. According to the filing, these shares were withheld to cover taxes due upon the vesting of restricted stock units previously granted by the company. Following this transaction, Coleman's remaining ownership position stands at 81,976 shares. The filing represents a routine tax withholding transaction rather than a discretionary sale, as the shares were automatically withheld to satisfy tax obligations associated with equity compensation vesting.