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Allegro (ALGM) Form 4: Palepu RSU Grant Raises Ownership to 9,961 Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Allegro MicroSystems director Krishna G. Palepu was awarded 5,932 restricted stock units (RSUs) on 08/07/2025. Each RSU represents a contingent right to receive one share of common stock and the RSUs are set to vest on the date of the next annual meeting following the grant. After the reported transaction his beneficial ownership is shown as 9,961 shares, and an additional 550 shares are reported indirectly by his spouse. The grant is non-cash (price shown as $0) and was reported on a Form 4 filed individually by the reporting person.

Positive

  • 5,932 RSUs awarded to director Krishna G. Palepu, providing potential alignment with shareholders
  • Beneficial ownership increased to 9,961 shares, with 550 shares reported indirectly by spouse

Negative

  • None.

Insights

TL;DR: Routine director RSU grant that increases reported ownership; disclosure indicates standard vesting at next annual meeting.

The filing documents a non-cash award of 5,932 RSUs to a company director, converting to one share per RSU upon vesting at the next annual meeting. The report increases the director's reported beneficial ownership to 9,961 shares with 550 shares held indirectly by a spouse. This appears to be a standard equity-retention mechanism for directors rather than a transaction implying immediate cash flows or debt changes. The Form 4 was filed by a single reporting person.

TL;DR: Insider equity award disclosed; transaction is non-cash, time-based, and has neutral short-term market impact per the filing.

The report specifies an award of RSUs (5,932) that will convert to common shares on vesting and shows resulting beneficial ownership of 9,961 shares. The RSUs have no purchase price indicated and vest at the next annual meeting, implying time-based service vesting. The filing does not disclose sales, option exercises, or derivative transactions, and does not state any change to outstanding share count or cash obligations within this document.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Palepu Krishna G.

(Last) (First) (Middle)
955 PERIMETER ROAD

(Street)
MANCHESTER NH 03103

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ALLEGRO MICROSYSTEMS, INC. [ ALGM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/07/2025 A 5,932(1) A $0 9,961 D
Common Stock 550 I By Spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Transaction reported relates solely to an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest on the date of the next annual meeting following the grant date.
/s/ Raymond Myer, Attorney-in-Fact for Krishna G. Palepu 08/08/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Allegro MicroSystems (ALGM) disclose in this Form 4?

The Form 4 reports that director Krishna G. Palepu was awarded 5,932 RSUs on 08/07/2025; the RSUs vest at the next annual meeting and convert one-for-one to common shares.

How many shares does Krishna G. Palepu beneficially own after the transaction?

The filing shows 9,961 shares beneficially owned following the reported transaction, plus 550 shares reported indirectly by his spouse.

Were any cash purchases or sales reported for ALGM by the reporting person?

No cash purchases or sales are reported; the grant is shown as a non-cash award with a $0 price in the filing.

When do the awarded RSUs vest according to the Form 4?

The RSUs are stated to vest on the date of the next annual meeting following the grant date.

Who filed the Form 4 for ALGM and what is the reporting relationship?

The Form 4 was filed individually by the reporting person and identifies Krishna G. Palepu as a Director of Allegro MicroSystems.
Allegro Microsystems, Inc.

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