ALAB (NASDAQ: ALAB) trustee sells 58,094 shares totaling $13.5M

Rhea-AI Filing Summary

ALAB reported Form 144 activity disclosing sales of Common Stock by a related holder. The filing lists a 20,000 share lot described under the securities-to-be-sold section. It also records two recent transactions by TATE 1997 LIVING TRUST: 8,429 shares sold on 05/20/2026 for $2,290,075.01 and 49,665 shares sold on 05/14/2026 for $11,234,674.95.

Insights

Securities Compliance Attorney

Form 144 filing documents registered sales of ALAB common stock by an affiliate trust.

Form 144 is a notice required when restricted or control securities are sold in reliance on Rule 144; the filing here lists a 20,000 share line and two completed sales by TATE 1997 LIVING TRUST on 05/14/2026 and 05/20/2026.

Filing text shows dollar proceeds for each sale; cash‑flow treatment and whether the sales were under an exemption or after any holding period are not stated in the excerpt.

Corporate Counsel

The filing records prior private acquisition and subsequent dispositions by an affiliated trust.

The securities-to-be-sold section identifies the acquisition date 03/21/2018 and a quantity of 20,000 shares described as acquired from the issuer/affiliate. The trust transactions show sizable dispositions totaling reported proceeds above $13.5M.

Further disclosures (e.g., holder relationship, legends removal, or broker details) are not present in the provided excerpt; subsequent filings may specify those items.

Key Figures

Listed securities to be sold: 20,000 shares Sale by trust on 05/14/2026: 49,665 shares / $11,234,674.95 Sale by trust on 05/20/2026: 8,429 shares / $2,290,075.01

3 metrics

Listed securities to be sold 20,000 shares acquired 03/21/2018 (Private Acquisition from Issuer/Affiliate)

Sale by trust on 05/14/2026 49,665 shares / $11,234,674.95 TATE 1997 LIVING TRUST sale recorded 05/14/2026

Sale by trust on 05/20/2026 8,429 shares / $2,290,075.01 TATE 1997 LIVING TRUST sale recorded 05/20/2026

Key Terms

Form 144, Private Acquisition from Issuer/Affiliate, TATE 1997 LIVING TRUST

3 terms

Form 144 regulatory

"144: 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 regulatory

"Common | 03/21/2018 | Private Acquisition from Issuer/Affiliate"

TATE 1997 LIVING TRUST other

"TATE 1997 LIVING TRUST 2345 North First Street San Jose CA 95131 | Common"

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	20000	5868432.00	171408000	05/21/2026	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	03/21/2018	Private Acquisition from Issuer/Affiliate	Issuer			20000	03/21/2018	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	05/20/2026	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 ALAB's Form 144 show about recent insider sales?

The filing shows sales by TATE 1997 LIVING TRUST: 49,665 shares on 05/14/2026 for $11,234,674.95 and 8,429 shares on 05/20/2026 for $2,290,075.01.

How many shares does the filing list as "securities to be sold" for ALAB?

The filing lists a block of 20,000 Common shares under the securities-to-be-sold section, with an acquisition date shown as 03/21/2018 and acquisition source noted as "Private Acquisition from Issuer/Affiliate."

Who executed the recent share sales reported in ALAB's Form 144?

The reported seller is TATE 1997 LIVING TRUST, which appears with an address in San Jose, CA, and is named for both recorded sales on 05/14/2026 and 05/20/2026 in the excerpt.

Does the Form 144 excerpt state proceeds from the sales?

Yes; the excerpt reports proceeds of $11,234,674.95 for 49,665 shares and $2,290,075.01 for 8,429 shares, as listed alongside the respective sale dates.

Was the 20,000-share lot acquired from the issuer or an affiliate?

The securities-to-be-sold section labels the acquisition source as "Private Acquisition from Issuer/Affiliate" with the acquisition date 03/21/2018 as shown in the excerpt.