ALAB (NASDAQ: ALAB) Form 144 shows trustee sells multiple lots, 30,000 proposed

Rhea-AI Filing Summary

ALAB notice under Form 144 reporting a proposed sale of 30,000 shares of Common Stock acquired 09/11/2020 (listed as a Private Acquisition from Issuer/Affiliate). The filing lists multiple prior dispositions by TATE 1997 LIVING TRUST in May 2026, including sales on 05/26/2026, 05/22/2026, 05/21/2026, 05/20/2026, and 05/14/2026.

The broker identified is Morgan Stanley Smith Barney LLC. The filing supplies share counts and dollar amounts for recent transactions but does not state the timing or method for the newly proposed sale beyond the Form 144 notice.

Insights

Securities Compliance Counsel

Form 144 notice for a 30,000-share proposed sale; recent May 2026 disposals are listed.

Form 144 is a regulatory notice used to report proposed sales by affiliates or persons restricted from selling freely. The filing states the securities were acquired on 09/11/2020 as a Private Acquisition from Issuer/Affiliate, and identifies Morgan Stanley Smith Barney LLC as the broker-dealer.

Reported prior transactions by TATE 1997 LIVING TRUST in May 2026 include multiple sale dates with share counts and dollar amounts. Timing and specific distribution method for the newly reported 30,000-share sale are not described in the provided excerpt.

Equity Capital Markets Analyst

Multiple recent disposals by the same trust suggest executed liquidity; the new notice registers 30,000 shares for sale.

The excerpt lists five recent transactions in May 2026 with share counts and associated dollar figures, which reflect executed sales rather than merely proposed offers. The 30,000-share line is presented as the securities "To Be Sold" and carries an acquisition date of 09/11/2020.

Actual execution details (timing, block trades, or at-the-market sales) are not provided in the excerpt; subsequent filings or broker reports would show final execution details.

Key Figures

Proposed sale: 30,000 shares Sale — 05/26/2026: 20,000 shares Sale — 05/22/2026: 30,000 shares +3 more

6 metrics

Proposed sale 30,000 shares Securities To Be Sold, acquired 09/11/2020

Sale — 05/26/2026 20,000 shares TATE 1997 LIVING TRUST disposition on 05/26/2026 (6,413,714.00 listed)

Sale — 05/22/2026 30,000 shares TATE 1997 LIVING TRUST disposition on 05/22/2026 (9,252,765.00 listed)

Sale — 05/21/2026 20,000 shares TATE 1997 LIVING TRUST disposition on 05/21/2026 (5,868,432.00 listed)

Sale — 05/20/2026 8,429 shares TATE 1997 LIVING TRUST disposition on 05/20/2026 (2,290,075.01 listed)

Sale — 05/14/2026 49,665 shares TATE 1997 LIVING TRUST disposition on 05/14/2026 (11,234,674.95 listed)

Key Terms

Form 144, Private Acquisition from Issuer/Affiliate, Securities To Be Sold

3 terms

Form 144 regulatory

"Securities To Be Sold / Securities Sold During The Past 3 Months"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Private Acquisition from Issuer/Affiliate market

"Securities To Be Sold — acquisition type listed 09/11/2020"

Securities To Be Sold regulatory

"Common | 09/11/2020 | Private Acquisition from Issuer/Affiliate"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	30000	10441053.00	171407939	05/28/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	09/11/2020	Private Acquisition from Issuer/Affiliate	Issuer			30000	09/11/2020	Not Applicable

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
TATE 1997 LIVING TRUST 2345 North First Street San Jose CA 95131	Common	05/26/2026	20000	6413714.00
TATE 1997 LIVING TRUST 2345 North First Street San Jose CA 95131	Common	05/22/2026	30000	9252765.00
TATE 1997 LIVING TRUST 2345 North First Street San Jose CA 95131	Common	05/21/2026	20000	5868432.00
TATE 1997 LIVING TRUST 2345 North First Street San Jose CA 95131	Common	05/20/2026	8429	2290075.01
TATE 1997 LIVING TRUST 2345 North First Street San Jose CA 95131	Common	05/14/2026	49665	11234674.95

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the ALAB Form 144 tell investors about the 30,000 shares?

The Form 144 reports a proposed sale of 30,000 shares of Common Stock acquired on 09/11/2020. It identifies the transaction as a Private Acquisition from Issuer/Affiliate and names the broker-dealer involved.

Who is listed as the broker for the proposed sale on the Form 144?

The filing lists Morgan Stanley Smith Barney LLC as the broker-dealer. The excerpt shows the broker's address and an association with the proposed sale of 30,000 shares.

What recent sales by TATE 1997 LIVING TRUST are disclosed in the filing?

The excerpt lists May 2026 dispositions by TATE 1997 LIVING TRUST: 05/26/2026: 20,000 shares; 05/22/2026: 30,000 shares; 05/21/2026: 20,000 shares; 05/20/2026: 8,429 shares; 05/14/2026: 49,665 shares, each with dollar amounts shown.

Does the Form 144 state how or when the 30,000 shares will be sold?

No. The provided excerpt lists the proposed 30,000-share sale and acquisition details but does not specify timing or the methods of distribution for the proposed sale.

Are the dollar figures next to each May 2026 entry proceeds or prices?

The excerpt shows dollar figures adjacent to each May 2026 share entry (for example, 05/26/2026: 20,000 shares — 6,413,714.00), but the excerpt does not label them explicitly; they appear alongside each sale date and share count.