STOCK TITAN

TATE 1997 Trust reports multiple May 2026 stock sales for ALAB (ALAB)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

ALAB notice of proposed and recent sales of Common stock under Rule 144 by a related holder. The filing lists prior private acquisitions of 17,508 shares (03/21/2018) and 2,492 shares (09/11/2020) and reports four sales in May 2026: 49,665 shares (05/14/2026), 8,429 shares (05/20/2026), 20,000 shares (05/21/2026) and 30,000 shares (05/22/2026).

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice records multiple May 2026 dispositions by a trust.

The filing lists specific acquisition dates: 17,508 shares acquired 03/21/2018 and 2,492 shares acquired 09/11/2020, described as "Private Acquisition from Issuer/Affiliate". It then itemizes four sales in May 2026 with share counts and gross proceeds.

These entries are procedural disclosures under Rule 144 documenting intended or completed transactions; cash‑flow treatment and any broker designation are shown in the excerpt as broker entries and per‑sale gross proceeds in dollars. Subsequent filings may clarify remaining lockups or resale conditions.

Sale on 05/14/2026 49,665 shares sold 05/14/2026
Sale on 05/20/2026 8,429 shares sold 05/20/2026
Sale on 05/21/2026 20,000 shares sold 05/21/2026
Sale on 05/22/2026 30,000 shares sold 05/22/2026
Private acquisition 03/21/2018 17,508 shares acquired 03/21/2018 (Private Acquisition from Issuer/Affiliate)
Private acquisition 09/11/2020 2,492 shares acquired 09/11/2020 (Private Acquisition from Issuer/Affiliate)
Aggregate recent sales (sum of listed rows) 108,094 shares sum of four May 2026 sales listed in the excerpt
Rule 144 regulatory
"Securities Sold During The Past 3 Months"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Private Acquisition from Issuer/Affiliate regulatory
"03/21/2018 | Private Acquisition from Issuer/Affiliate"
gross proceeds financial
"05/14/2026 | 49665 | 11234674.95"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does ALAB's Form 144 show about recent sales?

It lists four reported sales in May 2026 totaling 108,094 shares across dates 05/14/2026–05/22/2026. The filing provides per‑trade share counts and gross proceeds but does not aggregate proceeds in a single line.

Who executed the sales reported in the ALAB Form 144?

The sales are reported by TATE 1997 LIVING TRUST, with a San Jose address. The Form 144 entries attribute the transactions to that trust and list per‑trade shares and gross dollar amounts for each sale.

Does the filing show how the shares were originally acquired?

Yes. The filing records two prior acquisitions described verbatim as "Private Acquisition from Issuer/Affiliate": 17,508 shares on 03/21/2018 and 2,492 shares on 09/11/2020, as stated in the excerpt.

Are the gross proceeds for the May 2026 sales disclosed in ALAB's filing?

Yes. Each reported sale shows a gross dollar amount: for example, $11,234,674.95 for 49,665 shares on 05/14/2026 and $9,252,765.00 for 30,000 shares on 05/22/2026, as listed in the excerpt.