AI brief of an SEC Form 8-K · Allegro MicroSystems (ALGM)

Allegro MicroSystems adds Robert Willett to board; two directors will not seek reelection

Neutral Impact 3 of 5 leadership Written later

Allegro MicroSystems expanded its board to ten members and elected Robert J. Willett as a Class III director effective May 13, 2026, with seats on the Audit and Compensation Committees. Directors Susan D. Lynch and Richard R. Lury will leave the board at the August 5, 2026 annual meeting after deciding not to stand for reelection, and the filing states neither departure stems from a disagreement with the company. The changes reshape board composition, and the filing discloses no financial results.

Key points

  • Robert J. Willett elected to the board effective May 13, 2026, and appointed to the Audit and Compensation Committees
  • Board expanded from nine to ten seats under the Second Amended and Restated Stockholders Agreement dated July 29, 2024, with Sanken Electric Co., Ltd.
  • Susan D. Lynch (notified May 11, 2026) and Richard R. Lury (notified May 13, 2026) will not stand for reelection at the August 5, 2026 annual meeting
  • Board determined Willett is independent and an audit committee financial expert; he previously served 14 years as CEO of Cognex Corporation

The filing

CompanyAllegro MicroSystems (ALGM)
Form8-K, current report
Filed with the SECMay 13, 2026, 4:12 PM ET
Accession number0001193125-26-221635

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:05 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.