Allegro CEO receives new RSU and PSU stock awards
Doogue Michael reported acquisition or exercise transactions in this Form 4 filing.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 77,135 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 83,700 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. 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.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
performance-vesting restricted stock units ("PSUs") financial
contingent right financial
time-based vesting conditions financial
Compensation Committee financial
FAQ
What did ALGM CEO Michael Doogue report in this Form 4 filing?
How many Allegro MicroSystems (ALGM) RSUs were granted to the CEO?
What performance-based ALGM stock units vested for the CEO in this filing?
Are Michael Doogue’s ALGM Form 4 transactions open-market buys or sales?
When will the newly granted ALGM RSUs to the CEO vest?
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