Allegro Microsystems (ALGM) awards RSUs and PSUs to its CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
D'Antilio Derek reported acquisition or exercise transactions in this Form 4 filing.
ALLEGRO MICROSYSTEMS, INC. reported that EVP, CFO & Treasurer Derek D'Antilio received two equity awards of common stock as compensation. One award is an RSU grant that will vest in three equal annual installments beginning on May 16, 2027. A second award reflects performance-vesting RSUs granted in prior years, for which the Compensation Committee certified that performance goals through March 27, 2026 were achieved, with the certified amount scheduled to vest on May 16, 2026. These are non-cash, stock-based grants rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
D'Antilio Derek
Role
EVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,439 | $0.00 | -- |
| Grant/Award | Common Stock | 30,438 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 246,215 shares (Direct, null)
Footnotes (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.
Key Figures
RSU grant size: 30,438 shares
PSU certification size: 29,439 shares
Direct holdings after RSU grant: 276,653 shares
+1 more
4 metrics
RSU grant size
30,438 shares
Restricted Stock Units granted May 13, 2026; vests over three years from May 16, 2027
PSU certification size
29,439 shares
Performance-vesting RSUs certified May 13, 2026; scheduled to vest May 16, 2026
Direct holdings after RSU grant
276,653 shares
Common stock directly owned following one reported acquisition transaction
Direct holdings after PSU certification
246,215 shares
Common stock directly owned following the other reported acquisition transaction
Key Terms
Restricted Stock Units ("RSUs"), performance-vesting restricted stock units ("PSUs"), Compensation Committee
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.
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"
Compensation Committee financial
"the Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals of the PSUs 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.
FAQ
What insider transaction did Allegro Microsystems (ALGM) report for Derek D'Antilio?
Allegro Microsystems reported that EVP, CFO & Treasurer Derek D'Antilio received two awards of common stock as equity compensation, recorded as grants under code “A,” rather than any open-market purchases or sales of ALGM shares.
What are the key terms of the new RSU grant to Allegro Microsystems (ALGM) CFO?
The new award is a grant of Restricted Stock Units to the Allegro Microsystems CFO, with each RSU representing one common share. These RSUs vest in three equal annual installments starting on May 16, 2027, aligning compensation with longer-term company performance.
How do the performance-vesting RSUs (PSUs) for ALGM’s CFO vest?
Performance-vesting RSUs granted in 2023 and 2025 will vest in full on May 16, 2026. Vesting follows the Compensation Committee’s certification that Allegro Microsystems met specified performance objectives for the period ending March 27, 2026.
Did the Allegro Microsystems (ALGM) Form 4 show any open-market stock sales?
The Form 4 reports only grant or award acquisitions coded “A,” not any open-market buys or sells. Transactions consist of RSU and performance-vesting RSU awards that deliver common stock subject to time-based vesting conditions.
What role did the Compensation Committee play in the ALGM PSU award?
Allegro Microsystems’ Compensation Committee determined that performance goals for certain PSUs were met for the period ending March 27, 2026. After certification, the related shares remain subject to time-based vesting, with full vesting scheduled for May 16, 2026.