|4Feb 19, 8:51 PM ET

Mazzara Philip 4

Research Summary

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Astera Labs (ALAB) General Counsel Philip Mazzara Sells Shares

What Happened
Philip Mazzara, Astera Labs' General Counsel and Secretary, sold a total of 4,849 shares of ALAB stock in multiple open-market transactions on February 17, 2026, generating approximately $600,327 in proceeds. The individual tranches reported were: 309 shares @ $122.16 ($37,746); 1,713 shares @ $122.84 ($210,433); 1,435 shares @ $123.93 ($177,838); 923 shares @ $124.66 ($115,057); and 469 shares @ $126.34 ($59,253). These sales were reported on a Form 4 filed Feb 19, 2026.

Key Details

  • Transaction date: February 17, 2026 (reported Feb 19, 2026) — filing appears timely (within the two-business-day Form 4 window).
  • Transaction type: Sale (code S); total shares sold = 4,849; total proceeds ≈ $600,327.
  • Price ranges (per footnotes): sales executed across prices from $122.10 to $126.34; several entries show weighted-average prices with full breakdowns available on request (Footnotes F2–F5).
  • Reason: Footnote F1 states these were automatic "sell-to-cover" sales to satisfy tax withholding on vested restricted stock units (RSUs), not discretionary trades by the reporting person.
  • Shares owned after transaction: not specified in the summary provided.

Context
These were tax-withholding (sell-to-cover) sales tied to RSU vesting, which are routine and generally do not signal insider sentiment about the company. The Form 4 footnotes commit to provide transaction-level price details on request if needed.