Glover Max R. sold ALGM
March 8, 2024 · Form 4 insider transaction
Glover Max R. sold 15,000 shares of Allegro MicroSystems, Inc. at $31.77 per share, a transaction worth $476.5K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 8, 2023. Details regarding the Reporting Person's trading plan were reported in Part II, Item 5. of the Issuer's Quarterly Report on Form 10-Q for the period ending December 29, 2023, filed with the SEC on February 6, 2024.; The price reported in Column 4 is a weighted average price. The shares were sold at multiple prices ranging from $31.50 to $31.99. The Reporting Person undertakes to provide to Allegro MicroSystems, Inc. ("ALGM"), any security holder of ALGM, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth above.