Form 4: Allegro MicroSystems Executive Roald Graham Webster Reports Stock Award and Tax Withholding

Roald Graham Webster, VP and Chief Accounting Officer of Allegro MicroSystems, reports the acquisition of restricted stock units and the disposal of shares for tax withholding.

Summary

• On May 15, 2025, Roald Graham Webster, VP, Chief Accounting Officer of Allegro MicroSystems, was granted 9,765 Restricted Stock Units (RSUs).
• These RSUs represent a contingent right to receive one share of common stock each.
• The RSUs will vest in three equal annual installments starting on May 16, 2026.
• On May 16, 2025, 4,948 shares of common stock were disposed of at a price of $27.51 to cover taxes due upon the vesting of previously granted performance-vesting restricted stock units and RSUs.
• Following these transactions, Webster beneficially owns 25,566 shares of Allegro MicroSystems common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The RSU grant is a positive sign of investment in the executive, while the tax withholding is a routine transaction.

Positives

• The grant of RSUs to a key executive suggests a continued investment in the company's future.

Negatives

• The disposal of shares to cover taxes, while routine, slightly reduces the executive's direct holdings.

Future Outlook

The vesting schedule of the RSUs indicates a multi-year incentive plan for the executive.

Industry Context

Executive compensation through stock awards is a common practice in the technology industry to align management's interests with those of shareholders.

Comparison to Industry Standards

• Stock awards are a typical component of executive compensation packages in the semiconductor industry, similar to companies like Texas Instruments (TXN) and Analog Devices (ADI).
• The vesting schedule of three years is also standard practice to ensure long-term commitment.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for the executive.
• The tax withholding has a negligible impact on the overall share structure.

Key Dates

Keywords

Allegro MicroSystems, ALGM, Roald Graham Webster, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Tax Withholding, Executive Compensation