Form 4: Allegro MicroSystems Executive Equity Award Disclosure
Statement of Changes in Beneficial Ownership
Chief Accounting Officer Roald G. Webster acquired 5,300 shares of Allegro MicroSystems common stock via RSU and PSU vesting.
Summary
- Roald G. Webster, VP and Chief Accounting Officer, acquired 4,756 shares through a new Restricted Stock Unit (RSU) grant.
- An additional 544 shares were acquired following the certification of performance-vesting restricted stock units (PSUs) by the Compensation Committee.
- The total beneficial ownership for the reporting person increased to 22,600 shares of common stock.
- The new RSU grant vests in three equal annual installments starting May 16, 2027.
- The certified PSU award is scheduled to vest in full on May 16, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive compensation that does not signal a change in company strategy or financial health.
Positives
- Alignment of executive interests with shareholders through equity-based compensation.
- Successful achievement of performance objectives for the fiscal period ending March 27, 2026.
Negatives
- None identified; this is a standard executive compensation disclosure.
Risks
- Future vesting of equity is subject to continued employment and potential market volatility affecting the value of the underlying common stock.
Future Outlook
The reporting person holds equity subject to future time-based vesting schedules, indicating long-term retention incentives.
Management Comments
- The Compensation Committee determined that performance objective goals for the period ending March 27, 2026, were met.
Industry Context
StockSavvy.ai notes that this filing reflects standard corporate governance practices within the semiconductor industry, where equity-based compensation is used to align executive performance with long-term company growth targets.
Comparison to Industry Standards
- The use of performance-vesting restricted stock units (PSUs) is consistent with compensation structures at peer semiconductor firms like Analog Devices and ON Semiconductor.
- The vesting schedule aligns with standard industry practices for executive retention.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard executive compensation practices.
Next Steps
- Vesting of PSU award on May 16, 2026.
- Commencement of RSU vesting on May 16, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/15/2023 | Original grant date of performance-vesting restricted stock units (PSUs). |
| 03/27/2026 | End of the fiscal performance period for PSU objectives. |
| 05/13/2026 | Date of RSU grant and Compensation Committee certification of PSU performance goals. |
| 05/15/2026 | Filing date of the Form 4. |
| 05/16/2026 | Full vesting date for the certified PSU award. |
| 05/16/2027 | Commencement of three-year annual vesting schedule for the new RSU grant. |
Keywords
Allegro MicroSystems, ALGM, Form 4, Executive Compensation, Insider Trading, Restricted Stock Units, Equity Vesting
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