Erin Hagen of Allegro Microsystems (ALGM) awarded 9,058 RSUs in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hagen Erin reported acquisition or exercise transactions in this Form 4 filing.
ALLEGRO MICROSYSTEMS, INC. reported that SVP and Chief Human Resources Officer Erin Hagen received an equity award in the form of restricted stock units. On May 13, 2026, she was granted 9,058 RSUs, each representing a contingent right to receive one share of common stock.
The RSUs will vest in three equal annual installments beginning on May 16, 2027, spreading the award over three years and linking it to continued service. Following this grant, Hagen holds a total of 39,152 shares of common stock directly, showing her ongoing equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hagen Erin
Role
SVP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9,058 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 39,152 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 9,058 RSUs
Vesting schedule: 3 equal annual installments
Shares held after grant: 39,152 shares
3 metrics
RSUs granted
9,058 RSUs
Awarded to Erin Hagen on May 13, 2026
Vesting schedule
3 equal annual installments
Beginning May 16, 2027
Shares held after grant
39,152 shares
Total common stock directly held by Erin Hagen
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vest
3 terms
Restricted Stock Units ("RSUs") financial
"Represents an award of Restricted Stock Units ("RSUs") granted on May 13, 2026."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
vest financial
"The RSUs will vest in three equal annual installments beginning on May 16, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Allegro Microsystems (ALGM) report for Erin Hagen?
Allegro Microsystems reported that SVP and CHRO Erin Hagen received 9,058 restricted stock units on May 13, 2026. Each unit represents a contingent right to one common share, increasing her direct holdings to 39,152 shares after the grant.
How many RSUs did Erin Hagen receive from Allegro Microsystems (ALGM)?
Erin Hagen received 9,058 restricted stock units from Allegro Microsystems. These RSUs are a form of equity compensation, with each unit convertible into one share of common stock, subject to the award’s vesting schedule over future years.
What is the vesting schedule for Erin Hagen’s Allegro Microsystems (ALGM) RSUs?
The 9,058 RSUs granted to Erin Hagen will vest in three equal annual installments. Vesting begins on May 16, 2027, meaning one-third of the award vests each year, aligning her compensation with multi-year employment and company performance.
What are Erin Hagen’s Allegro Microsystems (ALGM) holdings after the RSU grant?
After the RSU grant, Erin Hagen directly holds 39,152 shares of Allegro Microsystems common stock. This total reflects her position following the May 13, 2026 award and shows her ongoing equity exposure as a senior executive.
What does an RSU grant mean for Allegro Microsystems (ALGM) executives?
An RSU grant gives Allegro Microsystems executives a contingent right to receive shares over time. For Erin Hagen, 9,058 RSUs will convert into common stock as they vest, creating a longer-term alignment between her compensation and shareholder interests.