Form 4: Allegro Director Granted 5,932 RSUs

Allegro MicroSystems director Jennie Raubacher received a grant of 5,932 Restricted Stock Units, aligning her interests with shareholders.

Summary

• Jennie Raubacher, a Director at Allegro MicroSystems, Inc. (ALGM), was granted 5,932 shares of common stock.
• The transaction date for this grant was August 7, 2025.
• The shares were acquired at a price of $0.00, indicating an award rather than a purchase.
• Following this transaction, Jennie Raubacher beneficially owns a total of 14,976 shares.
• The grant consists of Restricted Stock Units (RSUs), where each RSU represents a contingent right to receive one share of common stock.
• These RSUs are scheduled to vest on the date of the next annual meeting following the grant date.

Sentiment

Score: 7

Explanation: The filing reports a standard equity grant to a director, which is a positive for aligning interests but does not indicate significant new operational or financial news. The future transaction date is unusual but reported as per the filing.

Positives

• The RSU grant aligns the director's financial interests with those of the company's shareholders, promoting long-term value creation.
• Equity-based compensation is a standard practice for retaining and incentivizing key personnel, including directors.

Risks

• The value of the RSU grant is contingent on the future performance of Allegro MicroSystems' common stock, exposing the director to market risk until vesting.

Future Outlook

The granted Restricted Stock Units are set to vest on the date of the next annual meeting following the grant date of August 7, 2025, indicating a future milestone for the director's equity compensation.

Industry Context

The granting of Restricted Stock Units to directors is a common practice across the technology and semiconductor industries, serving as a key component of executive and board compensation packages to foster long-term commitment and align interests with company performance.

Comparison to Industry Standards

• The use of Restricted Stock Units (RSUs) as a form of director compensation is a standard practice in the technology and semiconductor sectors, comparable to compensation structures seen at companies like Texas Instruments, Analog Devices, or NXP Semiconductors.
• The grant of 5,932 RSUs to a director is within typical ranges for non-employee director equity awards at companies of similar market capitalization and industry, reflecting a common approach to incentivize board oversight and long-term value creation.

Stakeholder Impact

• Shareholders: The RSU grant aligns the director's interests with shareholders, potentially fostering decisions that enhance long-term stock value.

Next Steps

• The RSUs will vest on the date of the next annual meeting following the grant date of August 7, 2025.

Key Dates

Keywords

Allegro MicroSystems, ALGM, Restricted Stock Units, RSU, Director compensation, Insider transaction, Equity grant, SEC Form 4, Semiconductor, Integrated circuits