[Form 4] Allegro MicroSystems, Inc. Insider Trading Activity
Richard R. Lury, a director of Allegro MicroSystems, Inc. (ALGM), was awarded 5,932 Restricted Stock Units (RSUs) on 08/07/2025 as reported on Form 4. Each RSU represents a contingent right to receive one share of common stock and the award was recorded with a $0.00 acquisition price. Following the grant, Mr. Lury beneficially owns 25,857 shares directly. The RSUs will vest on the date of the next annual meeting following the grant date, meaning the units are currently unvested and will convert to shares only upon vesting.
This disclosure reflects an equity-based director compensation grant rather than a cash transaction and documents the change in reported beneficial ownership resulting from the award.
- Director Richard R. Lury was granted 5,932 RSUs, a clear increase in reported equity compensation
- The RSUs are explicitly described as one-for-one contingent rights to common stock and will vest on the next annual meeting, clarifying the conversion timing
- Beneficial ownership following the grant is reported as 25,857 shares (direct), showing updated insider holdings
- None.
Insights
TL;DR: Director award of 5,932 RSUs recorded; units are contingent and vest at the next annual meeting, updating reported ownership.
The Form 4 shows a standard director equity grant: 5,932 RSUs were acquired on 08/07/2025 at a reported price of $0.00 and each unit converts to one share upon vesting. The grant increases the reporting person's direct beneficial ownership to 25,857 shares. Because the RSUs are described as contingent and vest at the next annual meeting, they remain unissued until vesting. This filing documents the change in insider holdings and the mechanics of the award without additional governance disclosures.
TL;DR: A routine equity compensation award for a director; grant terms specify one-for-one conversion and a single vesting event at the next annual meeting.
The filing specifies the award type as Restricted Stock Units, each representing a contingent right to one share, and confirms the vesting schedule: the RSUs will vest on the date of the next annual meeting following the grant date. The transaction is reported as an acquisition (Transaction Code A) and the post-grant direct beneficial ownership is listed as 25,857 shares. The Form does not disclose additional performance conditions or multiple vesting tranches.