ALAB (NASDAQ: ALAB) affiliate notifies sale of 200,000 shares

Rhea-AI Filing Summary

ALAB affiliate submits Form 144 to sell 200,000 shares. The filing lists 200,000 shares of Common stock associated with a sale and includes a $43,116,000.00 figure and an outstanding share count of 171,407,939 as shown in the excerpt.

The filing also records prior 10b5-1 sales on 05/07/2026 of 40,000, 200,000, and 40,000 Common shares with corresponding reported proceeds. The filing identifies the trades as connected to trusts and notes a Private Acquisition from Issuer or an Affiliate dated 11/21/2017.

Insights

Securities Attorney

Form 144 notifies a proposed affiliate resale and records recent 10b5-1 activity.

The filing shows an affiliate notice to sell 200,000 shares and lists prior 10b5-1 sales on 05/07/2026. Form 144 is a procedural disclosure: it notifies the market of intended sales by affiliates and provides transaction detail and beneficiary entities.

Regulatory timing and resale mechanics depend on compliance with Rule 144 conditions and any applicable 10b5-1 plan terms; cash‑flow treatment is not specified in the excerpt. Subsequent transfer or sale settling will be reported in transactional filings.

Capital Markets Analyst

The notice identifies specific share amounts and recent trust-driven sales but does not alter company fundamentals.

The excerpt lists a 200,000-share Form 144 notice and three 10b5-1 sales on 05/07/2026 (40,000; 200,000; 40,000 shares) with reported proceeds. These are disclosures of selling activity rather than corporate actions affecting operations or capital structure.

Investor impact will depend on actual execution and any future sales; filings that confirm completed trades or material insider dispositions would provide clearer market signals.

Key Figures

Shares listed in Form 144: 200,000 shares Amount shown alongside 200,000: $43,116,000.00 Shares outstanding (excerpt): 171,407,939 +3 more

6 metrics

Shares listed in Form 144 200,000 shares Filed with the Form 144 excerpt

Amount shown alongside 200,000 $43,116,000.00 Value appearing in the same row as 200,000 shares (excerpt)

Shares outstanding (excerpt) 171,407,939 Figure shown in the excerpt

10b5-1 sale on 05/07/2026 40,000 shares Recorded 10b5-1 sale by N2021 Irrevocable Trust on 05/07/2026

10b5-1 sale on 05/07/2026 200,000 shares Recorded 10b5-1 sale by NAVAD Trust on 05/07/2026

10b5-1 sale on 05/07/2026 40,000 shares Recorded 10b5-1 sale by SN2021 Irrevocable Trust on 05/07/2026

Key Terms

Form 144, 10b5-1, Private Acquisition from Issuer or an Affiliate, Issuer

4 terms

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

10b5-1 regulatory

"10b5-1 Sales for N2021 IRREVOCABLE TRUST U/A DTD06/10/2021"

A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

Private Acquisition from Issuer or an Affiliate market

"Private Acquisition from Issuer or an Affiliate | Issuer"

Issuer market

"Private Acquisition from Issuer or an Affiliate | Issuer"

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

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	200000	43116000.00	171407939	05/19/2026	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	11/21/2017	Private Acquisition from Issuer or an Affiliate	Issuer			200000	11/21/2017	N/A

* 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
10b5-1 Sales for N2021 IRREVOCABLE TRUST U/A DTD06/10/2021 2345 North First Street San Jose CA 95131	Common	05/07/2026	40000	7935718.00
10b5-1 Sales for NAVAD TRUST U/A DTD 11/01/2012 2345 North First Street San Jose CA 95131	Common	05/07/2026	200000	39678590.00
10b5-1 Sales for SN2021 IRREVOCABLE TRUST U/A DTD06/10/2021 2345 North First Street San Jose CA 95131	Common	05/07/2026	40000	7935718.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 ALAB's Form 144 disclose?

The Form 144 discloses a notice to sell 200,000 shares of Common stock and lists related figures including $43,116,000.00 and an outstanding share count of 171,407,939 as shown in the excerpt.

Were there recent 10b5-1 sales for ALAB affiliates?

Yes. The excerpt records 10b5-1 sales on 05/07/2026 of 40,000, 200,000, and 40,000 Common shares with the associated reported proceeds listed alongside each sale.

Does the Form 144 show who receives proceeds?

The excerpt identifies selling entities as trusts and lists amounts, but it does not state a buyer or specify who receives cash proceeds beyond the named trust entities and affiliate descriptors.

Is this filing a company share issuance or a resale?

This filing is a resale notice by an affiliate: it references a Private Acquisition from Issuer or an Affiliate dated 11/21/2017 and reports 10b5-1 sales rather than a primary offering.