Gajendra Sanjay 4
Research Summary
AI-generated summary
Astera Labs (ALAB) President Gajendra Sanjay Receives RSU Award
What Happened
- Gajendra Sanjay, President & COO (and Director) of Astera Labs, was granted 26,522 restricted stock units (RSUs) on February 6, 2026. The grant price reported is $0.00 (a compensatory award), so there was no cash paid for these units at grant.
- Each RSU represents a contingent right to receive one share of Astera Labs common stock upon vesting. This is an award (compensation), not an open-market purchase or sale.
Key Details
- Transaction date: February 6, 2026; Form 4 filed: February 10, 2026.
- Grant size/price: 26,522 RSUs at $0.00 (total immediate outlay/value $0 reported).
- Vesting: 25% vests on February 15, 2027; the remaining RSUs vest in 12 equal quarterly installments thereafter (subject to continuous service). (See footnote F1.)
- Shares owned following transaction: not specified in the filing.
- Other footnotes (F2–F4) note certain shares are held directly by estate-planning trusts of which the reporting person is a trustee; the reporting person disclaims beneficial ownership of those trust-held shares except for any pecuniary interest.
- No indication in the filing that this was a sale or an options exercise; this is a standard equity compensation award.
Context
- RSU grants are standard executive compensation and do not reflect an immediate market purchase or sale; they only convert to company stock if and when they vest. Such awards are informational about compensation but are not direct buy/sell signals.