Form 4: Allegro MicroSystems SVP, CHRO Erin Hagen Reports Acquisition of Restricted Stock Units

Erin Hagen, SVP, CHRO of Allegro MicroSystems, reports the acquisition of 4,594 Restricted Stock Units (RSUs) on February 27, 2025, vesting fully on February 27, 2026.

Summary

• Erin Hagen, the SVP, CHRO of Allegro MicroSystems, filed a Form 4 on March 3, 2025, reporting a transaction.
• On February 27, 2025, Hagen acquired 4,594 Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of Allegro MicroSystems common stock.
• These RSUs will vest in full on February 27, 2026.
• Following the reported transaction, Hagen beneficially owns 25,255 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing related to executive compensation. The acquisition of RSUs is generally viewed as a positive sign, but it's a routine event.

Positives

• The acquisition of RSUs by a company executive can be seen as a positive sign, aligning the executive's interests with those of the shareholders.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It provides transparency regarding the equity holdings of company insiders.

Stakeholder Impact

• The acquisition of RSUs by a company executive can align their interests with shareholders, potentially leading to decisions that benefit the company's long-term performance.

Key Dates