secwatch.observer — SEC 8-K summary
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Issuer:     ALLEGRO MICROSYSTEMS, INC. (ALGM)
CIK:        0000866291
Form:       8-K
Filed at:   2022-11-17T23:59:59+00:00
Accession:  0000866291-22-000054
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegro MicroSystems terminates Board Executive Advisor Agreement with director Reza Kazerounian; $180K severance due
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- Board terminated Consulting Agreement dated Sept 28, 2017, as amended June 28, 2018.
- Reza Kazerounian, a Board member, will receive $180,000 cash severance upon termination.
- Agreement engaged Kazerounian as executive advisor to Board and CEO office; no other changes to board role.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866291/000086629122000054/0000866291-22-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866291/000086629122000054/algm-20221110.htm
  HTML page:      https://secwatch.observer/filing/0000866291-22-000054

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