Allegro (ALGM) director receives RSU grant; holdings rise to 213,560 shares
Rhea-AI Filing Summary
Insider equity award reported for Allegro MicroSystems (ALGM). Director Yoshihiro Suzuki was recorded as acquiring 5,932 restricted stock units (RSUs) on 08/07/2025 as an award with an effective price of $0.00. Each RSU represents a contingent right to one share of common stock and the award will vest on the date of the next annual meeting following the grant date. After the reported transaction, the reporting person’s direct beneficial ownership is shown as 213,560 shares. The filing indicates the grant is equity compensation to a director and that the RSUs are not immediately exercisable but convert to shares upon vesting.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director received a routine RSU grant that aligns long‑term interests with shareholders; appears to be standard governance practice.
The reported award of 5,932 RSUs to a director is presented as equity compensation that vests at the next annual meeting. Such awards are commonly used to align director incentives with shareholder outcomes and to retain board members. The grant price of $0.00 confirms these are compensatory RSUs rather than a cash purchase. Based solely on the filing, this is a governance-aligned action with no immediate dilution of exercisable shares until vesting.
TL;DR: A standard director RSU grant increases reported direct holdings modestly and contains a deferred vesting condition.
The transaction shows 5,932 RSUs awarded, each converting to one share upon vesting on the next annual meeting date. The filing reports 213,560 shares beneficially owned following the award. The structure — zero cash price and time‑based vesting tied to the annual meeting — is typical for non-employee director pay. From the filing alone, the change appears routine and not materially dilutive until conversion at vesting.