Form 4: Allegro MicroSystems SVP, Richard Madormo, Reports Acquisition of Restricted Stock Units

Richard Madormo, SVP of Worldwide Sales at Allegro MicroSystems, reports the acquisition of 37,557 Restricted Stock Units (RSUs) on May 15, 2025.

Summary

• Richard Madormo, SVP of Worldwide Sales at Allegro MicroSystems, filed a Form 4 on May 19, 2025.
• The report details a transaction on May 15, 2025, where Madormo acquired 37,557 Restricted Stock Units (RSUs) at a price of $0.
• Following the transaction, Madormo beneficially owns 66,809 shares of common stock.
• The RSUs vest in three equal annual installments starting on May 16, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The acquisition of RSUs by an executive is generally a good sign, but it's a routine transaction.

Positives

• The acquisition of RSUs by a high-ranking executive could be interpreted as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs suggests a multi-year commitment from the executive.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide insights into the actions of company executives and their confidence in the company's prospects.

Stakeholder Impact

• The RSU grant could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Allegro MicroSystems, ALGM, Restricted Stock Units, RSUs, Beneficial Ownership, Insider Transaction, Richard Madormo, SVP Worldwide Sales