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Allegro MicroSystems (ALGM) CEO awarded RSUs and performance shares in Form 4 filing

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Doogue Michael reported acquisition or exercise transactions in this Form 4 filing.

ALLEGRO MICROSYSTEMS, INC. President and CEO Michael Doogue reported equity awards of common stock on May 13, 2026. He received 83,700 shares through a grant of Restricted Stock Units, each representing a contingent right to one share at no cash cost, vesting in three equal annual installments beginning on May 16, 2027. He also received 77,135 shares tied to performance-vesting restricted stock units granted in 2023 and 2025, after the Compensation Committee certified that performance goals for the period ending March 27, 2026 had been met, with these shares scheduled to vest on May 16, 2026 subject to time-based conditions. In addition, 252,797 shares are reported as indirectly held through the Michael C. Doogue Revocable Trust of 2015.

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Insider Doogue Michael
Role President and CEO
Type Security Shares Price Value
Grant/Award Common Stock 77,135 $0.00 --
Grant/Award Common Stock 83,700 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 255,884 shares (Direct, null); Common Stock — 252,797 shares (Indirect, By the Michael C. Doogue Revocable Trust of 2015)
Footnotes (1)
  1. Represents an award of Restricted Stock Units ("RSUs") granted on May 13, 2026. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments beginning on May 16, 2027. On May 15, 2023 and May 15, 2025, the Reporting Person was granted awards of performance-vesting restricted stock units ("PSUs"), which vest in full on May 16, 2026 in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three fiscal years. On May 13, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals of the PSUs for the period ending March 27, 2026 had been met for the aggregate number of shares shown. Following certification, the certified portion of the awards remain subject to the time-based vesting conditions, with the full amount scheduled to vest on May 16, 2026.
RSU grant size 83,700 shares Restricted Stock Units granted on May 13, 2026
PSU-related shares certified 77,135 shares Performance-vesting RSUs tied to goals through March 27, 2026
RSU vesting start date May 16, 2027 Three equal annual installments for 2026 RSU grant
PSU vesting date May 16, 2026 Certified performance-vesting awards scheduled to vest in full
Indirect trust holdings 252,797 shares Common stock held by Michael C. Doogue Revocable Trust of 2015
Grant price per share $0.0000 per share Reported price for both non-derivative equity awards
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.
performance-vesting restricted stock units ("PSUs") financial
"the Reporting Person was granted awards of performance-vesting restricted stock units ("PSUs"), which vest in full on May 16, 2026"
contingent right financial
"Each RSU represents a contingent right to receive one share of common stock."
time-based vesting conditions financial
"the certified portion of the awards remain subject to the time-based vesting conditions"
Compensation Committee financial
"the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals ... had been met"
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Doogue Michael
(Last)(First)(Middle)
955 PERIMETER ROAD
(Street)
MANCHESTER NEW HAMPSHIRE 03103
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
ALLEGRO MICROSYSTEMS, INC. [ ALGM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/13/2026A77,135(1)A$0.00255,884D
Common Stock05/13/2026A83,700(2)A$0.00339,584D
Common Stock252,797IBy the Michael C. Doogue Revocable Trust of 2015
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents an award of Restricted Stock Units ("RSUs") granted on May 13, 2026. Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments beginning on May 16, 2027.
2. On May 15, 2023 and May 15, 2025, the Reporting Person was granted awards of performance-vesting restricted stock units ("PSUs"), which vest in full on May 16, 2026 in the form of common stock, contingent upon the Issuer's attainment of certain performance objectives between one and three fiscal years. On May 13, 2026, the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals of the PSUs for the period ending March 27, 2026 had been met for the aggregate number of shares shown. Following certification, the certified portion of the awards remain subject to the time-based vesting conditions, with the full amount scheduled to vest on May 16, 2026.
/s/ Raymond Myer, Attorney-in-Fact for Michael C. Doogue05/15/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did ALGM CEO Michael Doogue report in this Form 4 filing?

Michael Doogue reported equity awards of Allegro MicroSystems common stock. He received large grants of RSUs and PSUs-related shares as compensation, with vesting tied to time-based schedules and previously certified performance goals rather than open-market stock purchases.

How many Allegro MicroSystems (ALGM) RSUs were granted to the CEO?

He received an award of 83,700 Restricted Stock Units. Each RSU represents a contingent right to one share of Allegro MicroSystems common stock and will vest in three equal annual installments starting on May 16, 2027, subject to continued service conditions.

What performance-based ALGM stock units vested for the CEO in this filing?

77,135 shares relate to performance-vesting restricted stock units granted in 2023 and 2025. The Compensation Committee certified that performance goals through March 27, 2026 were achieved, and these certified shares are scheduled to vest in full on May 16, 2026, subject to time-based vesting.

Are Michael Doogue’s ALGM Form 4 transactions open-market buys or sales?

The reported Form 4 transactions are compensation-related stock awards, not open-market buys or sales. The grants are recorded at a price of $0.0000 per share and result from RSU and PSU awards approved under Allegro MicroSystems’ compensation programs.

How many ALGM shares does Michael Doogue hold indirectly through a trust?

The filing shows 252,797 Allegro MicroSystems common shares held indirectly. These are reported as owned by the Michael C. Doogue Revocable Trust of 2015, reflecting indirect ownership separate from the CEO’s directly held equity awards.

When will the newly granted ALGM RSUs to the CEO vest?

The new RSU award vests over three years. It is scheduled to vest in three equal annual installments beginning on May 16, 2027, so the vesting extends through 2029, assuming the CEO continues to satisfy the applicable time-based vesting conditions.