Allegro Microsystems (ALGM) director receives 594 restricted stock units in grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ALLEGRO MICROSYSTEMS, INC. director Brian C. White reported receiving an equity award in the form of restricted stock units. He acquired 594 shares of common stock-equivalent RSUs on June 17, 2026 at a stated price of $0.00 per share.
Each RSU represents a contingent right to receive one share of Allegro common stock. According to the disclosure, these RSUs will vest on the date of the next annual meeting following the grant date, after which the underlying shares can be delivered, subject to applicable terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WHITE BRIAN C
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 594 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 594 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 594 units
Grant price per share: $0.00 per share
Shares held after grant: 594 shares
+1 more
4 metrics
RSUs granted
594 units
Restricted stock units awarded on June 17, 2026
Grant price per share
$0.00 per share
Stated transaction price for RSU award
Shares held after grant
594 shares
Total direct common stock-equivalent holdings post-transaction
Vesting condition
Vests at next annual meeting
RSUs vest on next annual meeting date after grant
Key Terms
Restricted Stock Units ("RSUs"), contingent right, annual meeting, Grant, award, or other acquisition
4 terms
Restricted Stock Units ("RSUs") financial
"Represents an award of Restricted Stock Units ("RSUs"). Each RSU represents a contingent right to receive one share"
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."
annual meeting financial
"The RSUs will vest on the date of the next annual meeting following the grant date."
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did ALGM director Brian C. White report?
Brian C. White reported receiving an award of 594 restricted stock units in Allegro common stock. The Form 4 shows this as a grant-type acquisition with no cash price per share and direct ownership following the transaction of 594 shares.
At what price were the ALGM restricted stock units granted?
The Form 4 lists the transaction price per share as $0.00 for the 594 RSUs. This reflects that the units were granted rather than bought in the open market, consistent with a stock-based award rather than a cash share purchase.
When will Brian C. White’s ALGM RSUs vest?
The footnote states these restricted stock units will vest on the date of the next annual meeting following the grant date. Vesting means the contingent right to receive one Allegro common share per RSU becomes effective once that meeting date occurs.
What does each Allegro Microsystems (ALGM) RSU represent in this grant?
Each restricted stock unit represents a contingent right to receive one share of Allegro common stock. Delivery of the underlying shares depends on vesting, which in this case occurs at the next annual shareholder meeting following the June 17, 2026 grant.