Form 4: Allegro MicroSystems EVP, CFO & Treasurer Derek D'Antilio Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Derek D'Antilio, EVP, CFO & Treasurer of Allegro MicroSystems, reports acquisition of restricted stock units and disposition of shares to cover taxes.

Summary

  • On May 15, 2025, Derek D'Antilio acquired 65,098 shares of Common Stock through an award of Restricted Stock Units (RSUs).
  • These RSUs vest in three equal annual installments starting May 16, 2026.
  • On May 16, 2025, D'Antilio disposed of 29,911 shares of Common Stock at a price of $27.51.
  • These shares were withheld to cover taxes due upon the vesting of performance-vesting restricted stock units and RSUs previously granted.
  • Following these transactions, D'Antilio beneficially owns 244,579 shares of Common Stock.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects standard compensation practices and tax obligations.

Positives

  • The acquisition of RSUs indicates confidence in the company's future performance.

Negatives

  • The disposal of shares to cover taxes, while routine, slightly reduces D'Antilio's holdings.

Future Outlook

The RSUs will vest in three equal annual installments beginning on May 16, 2026.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they involve executive compensation and tax obligations.

Key Dates

DateDescription
05/15/2025Award of 65,098 Restricted Stock Units (RSUs)
05/16/2025Disposition of 29,911 shares to cover taxes
05/16/2026First vesting date for the RSUs
05/19/2025Date of signature of the form

Keywords

Allegro MicroSystems, ALGM, Derek D'Antilio, Form 4, Beneficial Ownership, Restricted Stock Units, RSUs, Vesting, Tax Withholding, EVP, CFO & Treasurer

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