Form 4: Allegro MicroSystems SVP, GC and Secretary Sharon Briansky Reports Acquisition of 17,248 Shares

Sharon Briansky, SVP, GC and Secretary of Allegro MicroSystems, Inc., reports the acquisition of 17,248 shares of common stock on June 11, 2024, through an award of Restricted Stock Units.

Summary

• On June 11, 2024, Sharon Briansky, SVP, GC and Secretary of Allegro MicroSystems, Inc., acquired 17,248 shares of common stock.
• This acquisition was through an award of Restricted Stock Units (RSUs).
• Each RSU represents a contingent right to receive one share of common stock.
• The RSUs will vest in three equal annual installments beginning on May 16, 2025.
• Following the reported transaction, Briansky beneficially owns 99,305 shares of common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of an RSU grant, which is a common practice. The acquisition of shares by an executive is generally viewed as a positive, but it's not a major event.

Positives

• The acquisition of shares by a company officer can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest in three equal annual installments beginning on May 16, 2025.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the actions of company executives. It's common for executives to receive stock-based compensation, aligning their interests with those of shareholders.

Key Dates