Astera Labs (ALAB) General Counsel sells 796 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astera Labs, Inc. General Counsel and Secretary Philip Mazzara reported an open-market sale of 796 shares of Common Stock on May 21, 2026, at an average price of $291.0251 per share. Following this transaction, he continues to hold 103,343 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 796 shares ($231,656)
Net Sell
1 txn
Insider
Mazzara Philip
Role
General Counsel and Secretary
Sold
796 shs ($232K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 796 | $291.0251 | $232K |
Holdings After Transaction:
Common Stock — 103,343 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 796 shares
Sale price per share: $291.0251 per share
Shares held after transaction: 103,343 shares
+2 more
5 metrics
Shares sold
796 shares
Open-market sale on May 21, 2026
Sale price per share
$291.0251 per share
Common Stock transaction
Shares held after transaction
103,343 shares
Direct ownership after sale
Transaction code
S
Sale in open market or private transaction
Transaction direction
sell
Reported in Form 4 transaction details
Key Terms
Common Stock, open-market sale, Form 4, transaction code "S"
4 terms
Common Stock financial
"796 shares of Common Stock were sold in the reported transaction."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"The filing describes the transaction as an open-market sale of shares."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The insider transaction was disclosed in a Form 4 report."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"Transaction code "S" indicates a sale in open market or private transaction."
FAQ
What insider transaction did Astera Labs (ALAB) report for Philip Mazzara?
Astera Labs General Counsel and Secretary Philip Mazzara reported selling 796 shares of Common Stock in an open-market transaction. The sale occurred on May 21, 2026, and was disclosed in a Form 4 insider trading report filed with regulators.
What is Philip Mazzara’s role at Astera Labs (ALAB)?
Philip Mazzara serves as General Counsel and Secretary of Astera Labs, Inc. His officer status is disclosed in the Form 4, which identifies him as an executive reporting person subject to insider trading reporting requirements under U.S. securities regulations.
Was the Astera Labs (ALAB) insider transaction an open-market sale?
Yes. The Form 4 describes the transaction as an open-market sale of Common Stock. It uses transaction code “S” and labels the action as an open-market sale, indicating the shares were sold through regular trading rather than a private or derivative transaction.