Gajendra Sanjay 4

What Happened

• Gajendra Sanjay, President, COO and a director of Astera Labs (ALAB), sold a total of 94,971 shares on February 17, 2026 for aggregate proceeds of approximately $11.76 million. The five reported dispositions were: 5,841 shares @ $122.16 ($713,523); 33,647 shares @ $122.84 ($4,133,346); 28,183 shares @ $123.93 ($3,492,680); 18,115 shares @ $124.66 ($2,258,165); and 9,185 shares @ $126.34 ($1,160,433).
• These were sales (S) executed to satisfy tax withholding obligations tied to the vesting/settlement of previously granted restricted stock units (RSUs). The issuer required a "sell-to-cover" to fund withholding; these were automatic, not discretionary trades by the reporting person.

Key Details

• Transaction date: 2026-02-17. Form 4 filed: 2026-02-19 (timely; within the two-business-day SEC reporting window).
• Reported total shares sold: 94,971; total proceeds: ≈ $11,758,147.
• Prices reported as weighted averages; the filing discloses transaction price ranges across the multiple executions (approximately $122.10 up to $126.34).
• Footnotes note the sales were mandated to satisfy tax withholding (sell-to-cover) and that some shares are held by estate-planning trusts (the reporting person disclaims beneficial ownership of those trust-held shares).
• Shares owned after the transactions are not provided in the excerpt supplied.

Context

• These transactions are routine tax-withholding sales tied to RSU vesting (transaction code commonly treated as F for tax withholding). They are not purchases and do not by themselves indicate a discretionary change in insider sentiment.
• For retail investors, purchases by insiders often carry more interpretive weight than automatic sell-to-cover transactions; treat this filing as an administrative liquidity event rather than a direct signal of confidence or concern.