ALGM - ALLEGRO MICROSYSTEMS, INC.
Insider Sale by Madormo Richard (SVP, Worldwide Sales)
Trade Summary
2 days ago, Madormo Richard, serving as SVP, Worldwide Sales at ALLEGRO MICROSYSTEMS, INC. (ALGM), sold 5,000 shares at $52.72 per share, for a total transaction value of $263,600.00. Following this transaction, Madormo Richard now holds 69,687 shares of ALGM.
This sale represents a 6.69% decrease in Madormo Richard's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, June 3, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, June 4, 2026 at 4:16 PM ET, 1 day after the trade was made.
ALLEGRO MICROSYSTEMS, INC. operates in the TECHNOLOGY sector, specifically within the SEMICONDUCTORS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$52.72
Quantity
5,000
Total Value
$263,600.00
Shares Owned
69,687
Trade Date
2 days ago
SEC Filing Date
at 4:16 PM ET
Filed 1 day after trade
Discussion