Allegro Microsystems (NASDAQ: ALGM) SVP awarded 8,492 RSUs of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kent Ian reported acquisition or exercise transactions in this Form 4 filing.
ALLEGRO MICROSYSTEMS, INC. granted SVP, Global Operations Ian Kent an equity award in the form of restricted stock units. The award covers 8,492 shares of common stock at no cash cost to him, increasing his directly held common stock to 30,379 shares after the award.
The footnote explains that each restricted stock unit, or RSU, represents a contingent right to receive one share of common stock. These RSUs were granted on May 13, 2026 and will vest in three equal annual installments beginning on May 16, 2027, so the shares are delivered over time rather than all at once.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kent Ian
Role
SVP, Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,492 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 30,379 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 8,492 shares
Grant price per share: $0.0000 per share
Post-grant holdings: 30,379 shares
+2 more
5 metrics
RSU grant size
8,492 shares
Restricted Stock Units granted May 13, 2026
Grant price per share
$0.0000 per share
RSU award reported as non-cash grant
Post-grant holdings
30,379 shares
Total common shares directly held after transaction
Vesting schedule
3 equal annual installments
RSUs vest beginning May 16, 2027
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one common share
Key Terms
Restricted Stock Units ("RSUs"), contingent right, vest in three equal annual installments
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 in three equal annual installments financial
"The RSUs will vest in three equal annual installments beginning on May 16, 2027."
FAQ
What insider transaction did ALGM executive Ian Kent report on this Form 4?
Ian Kent, SVP Global Operations at ALLEGRO MICROSYSTEMS, INC., reported receiving a grant of 8,492 restricted stock units of common stock. This is a compensation-related equity award, not an open-market stock purchase or sale, and increases his reported direct holdings.
What are the key terms of Ian Kent’s ALGM restricted stock unit award?
The award consists of 8,492 restricted stock units granted on May 13, 2026. Each RSU represents a contingent right to receive one share of common stock, vesting in three equal annual installments beginning on May 16, 2027, according to the footnote disclosure.
Is the ALGM Form 4 transaction a stock purchase or a compensation grant?
The Form 4 shows a compensation-related grant, not an open-market purchase. Transaction code A and the description confirm it is a grant or award acquisition of 8,492 restricted stock units, with a reported price per share of 0.0000, typical for equity awards.
How do the ALGM RSUs for Ian Kent vest over time?
The restricted stock units vest in three equal annual installments starting May 16, 2027. This means the 8,492 RSUs convert into common shares in three stages, one each year, as long as the vesting conditions described by the company are satisfied.