Form 4: Allegro MicroSystems SVP, GC and Secretary Sharon Briansky Reports Acquisition of 14,656 Shares

Sharon Briansky, SVP, GC and Secretary of Allegro MicroSystems, reports acquiring 14,656 shares of common stock on May 13, 2025, following the vesting of performance-based restricted stock units.

Summary

• On May 13, 2025, Sharon Briansky, SVP, GC and Secretary of Allegro MicroSystems, acquired 14,656 shares of common stock.
• The acquisition resulted from the vesting of performance-based restricted stock units (PSUs).
• The PSUs were granted on May 16, 2022, and June 11, 2024, and were subject to Allegro MicroSystems' attainment of certain performance objectives between one and three fiscal years.
• The Compensation Committee of the Issuer's Board of Directors determined that the performance objective goals of the PSUs for the period ending March 28, 2025, had been met for the aggregate number of shares shown.
• Following certification, the awards remain subject to the time-based vesting conditions, with the amount shown scheduled to vest in full on May 16, 2025.
• Following the transaction, Briansky directly owns 132,795 shares of Allegro MicroSystems common stock.

Sentiment

Score: 7

Explanation: The document is neutral to positive. It reflects the standard process of stock vesting based on performance, indicating that the company met its goals. There are no explicit negative indicators.

Positives

• The vesting of PSUs indicates that Allegro MicroSystems achieved its performance objectives for the specified period.
• Sharon Briansky's increased stake in the company aligns her interests with those of other shareholders.

Future Outlook

All remaining unvested amounts under the PSUs are scheduled to vest in full on May 16, 2025.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their holdings. This filing indicates that the executive's compensation includes performance-based incentives, aligning their interests with the company's success.

Stakeholder Impact

• The vesting of PSUs and subsequent increase in shares owned by a key executive could be viewed positively by shareholders, as it aligns management's interests with the company's performance.

Key Dates

Keywords

Allegro MicroSystems, ALGM, Sharon Briansky, Form 4, Beneficial Ownership, Performance Stock Units, Vesting, Compensation Committee, SVP, GC, Secretary