Mazzara Philip 4

What Happened
Philip Mazzara, General Counsel and Secretary of Astera Labs (ALAB), reported a sale of 796 shares on May 21, 2026. The shares were disposed at $291.03 per share, generating gross proceeds of approximately $231,656. The transaction is reported as an open market or private sale (code S).

Key Details

• Transaction date: 2026-05-21
• Price per share: $291.03
• Shares sold/disposed: 796
• Total proceeds: ~$231,656
• Filing date (Form 4): 2026-05-26 (filed 5 days after the trade) — appears to be late vs. the typical two-business-day Form 4 deadline.
• Shares owned after transaction: not specified in the provided filing summary.
• Notes/footnotes: filing reports an open-market/private sale; no 10b5-1 plan, tax withholding, or other footnotes were disclosed in the supplied data.

Context
This was a sale (not a purchase or option exercise). Insider sales are common and can be for many personal or routine reasons; they do not by themselves indicate management’s view of the company’s prospects. The late filing reduces near-term transparency; retail investors may want to watch for any amended filings or additional insider activity and consider this alongside broader company fundamentals.