Astera Labs, Inc.·4

Jun 8, 8:23 PM ET

HURLSTON MICHAEL E. 4

4 · Astera Labs, Inc. · Filed Jun 8, 2026

Research Summary

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Astera Labs (ALAB) Director Michael Hurlston Receives RSU Award

What Happened Michael Hurlston, a director of Astera Labs, was granted 837 restricted stock units (RSUs) on June 4, 2026. The RSUs were awarded at $0.00 per unit (total immediate value $0); each RSU represents a contingent right to one share of Astera Labs common stock upon vesting. This was a grant/award (not a purchase or sale).

Key Details

  • Transaction date: June 4, 2026; Form 4 filed June 8, 2026.
  • Grant: 837 RSUs at $0.00 (acquisition code A on the filing).
  • Total immediate cash value: $0 (award, not a cash transaction).
  • Vesting terms (Footnote 1): RSUs vest in full on the earlier of (i) the first anniversary of the grant date or (ii) the next annual stockholder meeting, subject to continuous service.
  • Footnote 2: Ownership reported in the filing may include deferred stock units and dividend equivalent units.
  • Shares owned after transaction: Not specified in the summary data provided; see the SEC filing for the post-transaction holdings and any additional ownership details.
  • Filing timeliness: Form 4 was filed four days after the grant date; consult the SEC filing for any tardiness notation.

Context RSU grants are a form of compensation and do not involve an immediate purchase or sale of stock. Each RSU converts to one share only upon vesting under the stated time-based conditions; therefore this award does not immediately change market exposure for the director. Grants to directors are common as part of compensation and should be interpreted as compensation-related rather than direct market sentiment.

Insider Transaction Report

Form 4
Period: 2026-06-04
Transactions
  • Award

    Common Stock

    [F1][F2]
    2026-06-04+83792,482 total
Footnotes (2)
  • [F1]These shares represent an award of restricted stock units ("RSUs") granted on June 4, 2026 (the "Grant Date") under the Astera Labs, Inc. 2024 Stock Option and Incentive Plan. Such award vests in full upon the earlier of (i) the first anniversary of the Grant Date or (ii) the date of the next annual stockholder meeting of the Company following the Grant Date, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Common Stock.
  • [F2]Includes deferred stock units and dividend equivalent units.
Signature
/s/ Philip Mazzara, Attorney-in-Fact|2026-06-08

Documents

1 file
  • 4
    wk-form4_1780964598.xmlPrimary

    FORM 4