Allegro Microsystems (ALGM) awards director 4,251 fully vested shares
Rhea-AI Filing Summary
MARTIN JOSEPH R reported acquisition or exercise transactions in this Form 4 filing.
Allegro Microsystems, Inc. reported that director Joseph R. Martin received an award of 4,251 shares of fully vested, unrestricted common stock on August 5, 2026 as annual non-employee director equity compensation. Following this grant, his directly held common stock position increased to 39,430 shares.
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- None.
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Insider Trade Summary
Net Buyer: 4,251 shares
Net Buy
1 txn
Insider
MARTIN JOSEPH R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 4,251 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 39,430 shares (Direct)
Footnotes (1)
- F1. Represents an award of fully vested, unrestricted shares of the Issuer's Common Stock granted to the reporting person as annual non-employee director equity compensation pursuant to the Company's Annual Non-Employee Director Compensation Program.
Key Figures
Shares granted: 4,251 shares
Post-transaction holdings: 39,430 shares
Grant price: $0.0000 per share
3 metrics
Shares granted
4,251 shares
Award of fully vested, unrestricted common stock on August 5, 2026
Post-transaction holdings
39,430 shares
Directly held Allegro Microsystems common stock after the grant
Grant price
$0.0000 per share
Stated per-share price for the equity award to the director
Key Terms
fully vested, unrestricted shares, equity compensation, Non-Employee Director Compensation Program
4 terms
fully vested financial
"Represents an award of fully vested, unrestricted shares of Common Stock"
equity compensation financial
"Common Stock granted as annual non-employee director equity compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
Non-Employee Director Compensation Program financial
"Pursuant to the Company's Annual Non-Employee Director Compensation Program"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did ALGM report for Joseph R. Martin?
Allegro Microsystems reported that director Joseph R. Martin received 4,251 shares of fully vested, unrestricted common stock as annual non-employee director equity compensation, increasing his directly held position to 39,430 shares as of the August 5, 2026 grant.
Was the ALGM director stock grant a purchase on the open market?
No, the 4,251-share increase came from an equity award, not an open-market purchase. The shares were granted at a stated price of $0.0000 per share as annual non-employee director equity compensation under the company’s director compensation program.