Allegro MicroSystems Announces Director Changes
Ticker: ALGM · Form: 8-K · Filed: Dec 23, 2024 · CIK: 866291
| Field | Detail |
|---|---|
| Company | Allegro Microsystems, Inc. (ALGM) |
| Form Type | 8-K |
| Filed Date | Dec 23, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-change, officer-compensation
TL;DR
Board shuffle at Allegro: Holland out, Klatell in. Officer pay details also filed.
AI Summary
On December 23, 2024, Allegro MicroSystems, Inc. filed an 8-K report detailing the departure of Director Michael F. Holland and the election of new Director Robert J. Klatell. The filing also disclosed compensatory arrangements for certain officers, though specific dollar amounts for these arrangements were not detailed in the provided text.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board and officer changes, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Allegro MicroSystems, Inc. (company) — Registrant
- Michael F. Holland (person) — Departing Director
- Robert J. Klatell (person) — Newly Elected Director
- December 23, 2024 (date) — Report Date
FAQ
Who has departed from the Allegro MicroSystems, Inc. board of directors?
Michael F. Holland has departed from the board of directors.
Who has been elected as a new director to the Allegro MicroSystems, Inc. board?
Robert J. Klatell has been elected as a new director.
What is the exact date of this 8-K filing?
The exact date of this 8-K filing is December 23, 2024.
What is the principal executive office address for Allegro MicroSystems, Inc.?
The principal executive office address is 955 Perimeter Road, Manchester, New Hampshire 03103.
What other information is disclosed regarding officers in this filing?
The filing discloses compensatory arrangements of certain officers.
Filing Stats: 476 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-12-23 16:13:31
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share ALGM The Nasdaq Stock Mar
Filing Documents
- algm-20241223.htm (8-K) — 44KB
- 0000950170-24-139583.txt ( ) — 151KB
- algm-20241223.xsd (EX-101.SCH) — 25KB
- algm-20241223_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description Exhibit 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ALLEGRO MICROSYSTEMS, INC. Date: December 23, 2024 By: /s/ Derek P. D'Antilio Derek P. D'Antilio Executive Vice President, Chief Financial Officer and Treasurer