Gajendra Sanjay 4
4 · Astera Labs, Inc. · Filed May 20, 2026
Research Summary
AI-generated summary of this filing
Astera Labs (ALAB) President Gajendra Sanjay Sells Shares
What Happened
- Gajendra Sanjay, President & COO and a director of Astera Labs (ALAB), sold a total of 95,444 shares on 2026-05-18 for aggregate proceeds of approximately $21,476,951. The sales occurred in multiple tranches at weighted-average prices shown per lot (individual reported prices range roughly from $216.10 to $235.94).
- These were sales (not purchases). Per the filing, the disposals were to satisfy tax withholding obligations on vested restricted stock units (RSUs) and were automatic "sell-to-cover" transactions rather than discretionary open-market sales.
Key Details
- Transaction date: May 18, 2026; Form 4 filed May 20, 2026 (timely).
- Total shares sold: 95,444; total proceeds: ~$21.48 million.
- Price range: weighted-average prices reported per tranche; overall trades occurred at prices roughly between $216.10 and $235.94 (see footnotes for specific tranche ranges).
- Reason/footnote: F1 — mandatory sell-to-cover to satisfy tax withholding on RSU vesting (automatic, not a personal decision to sell).
- Shares owned after transaction: Not specified in the provided summary—see the full Form 4 for post-transaction holdings.
- Other footnotes detail weighted-average pricing and certain shares owned by estate planning trusts (disclaimers of beneficial ownership).
Context
- Sell-to-cover transactions are a common method to cover tax withholdings when RSUs vest; they are routine and do not necessarily signal the insider's view on the company's prospects.
- No indication in the provided data of a 10b5-1 trading plan or discretionary sell decision; the filing identifies the sales as required for tax withholding.
Insider Transaction Report
Form 4
Gajendra Sanjay
DirectorPresident and COO
Transactions
- Sale
Common Stock
[F1][F2]2026-05-18$235.41/sh−19,404$4,567,977→ 1,511,897 total - Sale
Common Stock
[F1][F3]2026-05-18$233.18/sh−2,282$532,122→ 1,509,615 total - Sale
Common Stock
[F1][F4]2026-05-18$232.81/sh−1,946$453,046→ 1,507,669 total - Sale
Common Stock
[F1][F5]2026-05-18$231.31/sh−7,643$1,767,933→ 1,500,026 total - Sale
Common Stock
[F1][F6]2026-05-18$230.28/sh−3,546$816,571→ 1,496,480 total - Sale
Common Stock
[F1][F7]2026-05-18$229.55/sh−1,033$237,122→ 1,495,447 total - Sale
Common Stock
[F1][F8]2026-05-18$226.64/sh−6,196$1,404,268→ 1,489,251 total - Sale
Common Stock
[F1][F9]2026-05-18$225.27/sh−1,629$366,971→ 1,487,622 total - Sale
Common Stock
[F1][F10]2026-05-18$223.96/sh−2,734$612,312→ 1,484,888 total - Sale
Common Stock
[F1][F11]2026-05-18$223.34/sh−2,464$550,320→ 1,482,424 total - Sale
Common Stock
[F1]2026-05-18$222.52/sh−19$4,228→ 1,482,405 total - Sale
Common Stock
[F1][F12]2026-05-18$222.11/sh−3,568$792,475→ 1,478,837 total - Sale
Common Stock
[F1][F13]2026-05-18$220.62/sh−6,924$1,527,542→ 1,471,913 total - Sale
Common Stock
[F1][F14]2026-05-18$219.51/sh−3,725$817,671→ 1,468,188 total - Sale
Common Stock
[F1][F15]2026-05-18$218.50/sh−9,409$2,055,827→ 1,458,779 total - Sale
Common Stock
[F1][F16]2026-05-18$217.28/sh−10,819$2,350,746→ 1,447,960 total - Sale
Common Stock
[F1][F17]2026-05-18$216.46/sh−12,103$2,619,820→ 1,435,857 total
Holdings
- 5,664,213(indirect: By Trust)
Common Stock
[F18] - 655,000(indirect: By Trust)
Common Stock
[F19] - 655,000(indirect: By Trust)
Common Stock
[F20]
Footnotes (20)
- [F1]Represents shares of the Issuer's Common Stock required to be sold by the Reporting Person to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units previously granted to the Reporting Person. Such sales were automatic and mandated by an election of the Issuer made in advance of the vesting event to require the satisfaction of tax withholding obligations to be funded by a "sell to cover", and does not represent a discretionary trade by the Reporting Person.
- [F10]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $224.5400 to $223.9000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F11]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $223.5300 to $222.6400, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F12]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $222.5000 to $221.5200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F13]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $221.0300 to $220.0800, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F14]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $220.0000 to $219.0300, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F15]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $218.8900 to $218.0000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F16]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $217.8900 to $216.9000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F17]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $216.8900 to $216.1000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F18]These shares are owned directly by an estate planning trust ("Trust 1"), of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F19]These shares are owned directly by an estate planning trust ("Trust 2"). The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $235.9400 to $235.3600, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote
- [F20]These shares are owned directly by an estate planning trust ("Trust 3"). The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F3]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $233.9800 to $233.1600, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $232.9700 to $232.7700, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $231.9000 to $230.9300, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F6]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $230.7900 to $229.9400, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F7]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $229.7900 to $228.9350, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F8]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $227.0900 to $226.1800, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- [F9]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $225.7600 to $225.0500, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Signature
/s/ Philip Mazzara, Attorney-in-Fact|2026-05-20