Allegro (ALGM) Form 4: 5,932 RSUs Granted to Director Martin
Rhea-AI Filing Summary
Allegro MicroSystems director Joseph R. Martin 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 will vest on the date of the next annual meeting following the grant. The award is reported at a $0 acquisition price. After this grant Mr. Martin beneficially owns 35,179 shares directly. The Form 4 disclosure documents a routine equity award to a director and provides transparency on insider holdings and vesting conditions.
Positive
- Director Joseph R. Martin received 5,932 RSUs, showing an increase in his equity stake
- Post-grant direct beneficial ownership is 35,179 shares, disclosed transparently on Form 4
Negative
- None.
Insights
TL;DR: Director received 5,932 RSUs, raising direct ownership to 35,179 shares; RSUs vest at the next annual meeting.
This Form 4 records a director-level equity grant that increases direct beneficial ownership and specifies a clear vesting event. The reported acquisition code and $0 price indicate an awarded grant of restricted stock units rather than a market purchase. The filing is a routine governance disclosure that improves transparency about insider alignment with shareholders. No dispositions, derivative holdings, or additional plan details are provided in the filing.
TL;DR: 5,932 RSUs granted to a director; each unit converts to one share and vests at the next annual meeting.
The filing shows an RSU award where each unit equals one share and vests on the next annual meeting date. The acquisition price is recorded as $0, consistent with a grant. The report also lists the post-grant direct share count as 35,179. The Form 4 does not include information about the award's valuation methodology, grant rationale, or tax implications.