Astera Labs (ALAB) CFO automatic tax sale of 12,001 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Astera Labs, Inc. Chief Financial Officer Michael Truett reported automatic sales of 12,001 shares of common stock on February 17, 2026 to satisfy tax withholding from vested restricted stock units under a pre-arranged sell-to-cover election. Sale prices ranged around $122–$126 per share. Truett continues to hold 192,083 shares directly, while 450,281 additional shares are held by the Tate 1997 Living Trust, for which he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,001 shares ($1,485,784)
Net Sell
6 txns
Insider
Tate Michael Truett
Role
Chief Financial Officer
Sold
12,001 shs ($1.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 753 | $122.1569 | $92K |
| Sale | Common Stock | 4,250 | $122.8438 | $522K |
| Sale | Common Stock | 3,556 | $123.9286 | $441K |
| Sale | Common Stock | 2,281 | $124.6573 | $284K |
| Sale | Common Stock | 1,161 | $126.34 | $147K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 203,331 shares (Direct);
Common Stock — 450,281 shares (Indirect, By Tate Trust)
Footnotes (1)
- Represents shares of the Issuer's Common Stock required to be sold by the Reporting Person to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units previously granted to the Reporting Person. Such sales were automatic and mandated by an election of the Issuer made in advance of the vesting event to require the satisfaction of tax withholding obligations to be funded by a "sell to cover", and does not represent a discretionary trade by the Reporting Person. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $122.1000 to $122.2800, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $122.3200 to $123.3000, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $123.3300 to $124.3200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $124.3500 to $125.3200, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. These shares are owned directly by the Tate 1997 Living Trust Dated April 24, 1997 (the "Tate Trust"), of which the Reporting Person is a trustee. The Reporting Person disclaims beneficial ownership of these securities, except to the extent, if any, of his pecuniary interest therein, and the filing of this Form 4 is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did Astera Labs (ALAB) report for its CFO?
Astera Labs reported that CFO Michael Truett sold 12,001 common shares on February 17, 2026. The sales were automatic to cover tax withholding from vested restricted stock units, rather than discretionary open-market selling by the executive.
Were the Astera Labs CFO’s reported stock sales discretionary trades?
The filing specifies the sales were not discretionary trades by the CFO. They were automatic transactions mandated under an issuer election requiring tax withholding obligations from restricted stock unit vesting to be funded through pre-arranged “sell to cover” stock sales.