StockDriftsAstera Labs, Inc. · ALAB · 4 · Filed
Director Manuel Alba sells $51.26M of stock
Source: SEC EDGAR, accession 0001134727-26-000013
What did Astera Labs, Inc. announce?
Director Manuel Alba sold 183,000 shares of common stock for a total value of $51,263,695.31.
Manuel Alba, a director at Astera Labs, Inc., executed a sale of 183,000 shares of common stock. The transactions occurred on September 1, 2026, and were conducted under a Rule 10b5-1 trading plan, which allows company insiders to set up a predetermined plan to sell company stock at a future date.
The sales were made across multiple transactions at varying prices, ranging from $277.32 to $288.95 per share. Following these transactions, Mr. Alba's beneficial ownership in Astera Labs common stock is detailed across several entities. The Alba Trust now holds 1,124,498 shares, and Casa Alameda 2007, LLC holds 253,863 shares.
Additionally, the filing indicates that Mr. Alba's spouse beneficially owns 5,000 shares of common stock, and there is an additional holding of 2,351 shares of common stock. The document does not specify the nature of this additional holding. No derivative securities were reported in this filing.
Key details
- Manuel Alba, a Director, sold 183,000 shares.
- The total value of the transaction was $51,263,695.31.
- The sale was made under a 10b5-1 plan.
Why it matters
This 4 reports an insider transaction at Astera Labs, Inc.. The likely share-price reaction reads as negative.