Astera Labs counsel gets 131-share stock grant
Astera Labs, Inc. General Counsel and Secretary Philip Mazzara acquired additional company stock through an employee purchase program.
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Form Type
4
Rhea-AI Filing Summary
Astera Labs, Inc. General Counsel and Secretary Philip Mazzara acquired additional company stock through an employee purchase program. On May 14, 2026, he received 131 shares of common stock at $120.1815 per share under the 2024 Employee Stock Purchase Plan, bringing his direct holdings to 118,215 shares. The filing notes these plan purchases were exempt under Rule 16b-3(d) and Rule 16b-3(c).
Insider Trade Summary
Grant/Award: 131 shares
Grant/Award
1 txn
Insider
Mazzara Philip
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 131 | $120.1815 | $16K |
Holdings After Transaction:
Common Stock — 118,215 shares (Direct)
Footnotes (1)
- F1. These shares were acquired under the Astera Labs, Inc. 2024 Employee Stock Purchase Plan in transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c).
Key Figures
Shares acquired: 131 shares
Transaction price: $120.1815 per share
Total holdings after transaction: 118,215 shares
+1 more
4 metrics
Shares acquired
131 shares
Common stock grant on May 14, 2026
Transaction price
$120.1815 per share
Price for shares acquired under 2024 ESPP
Total holdings after transaction
118,215 shares
Direct ownership following May 14, 2026 acquisition
Transaction type
Grant, award, or other acquisition
Form 4 transaction code A, non-derivative
Key Terms
2024 Employee Stock Purchase Plan, Rule 16b-3(d), Rule 16b-3(c), Grant, award, or other acquisition
4 terms
2024 Employee Stock Purchase Plan financial
"These shares were acquired under the Astera Labs, Inc. 2024 Employee Stock Purchase Plan"
Rule 16b-3(d) regulatory
"transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"transactions that were exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Astera Labs (ALAB) report for Philip Mazzara?
Astera Labs reported that General Counsel and Secretary Philip Mazzara acquired 131 shares of common stock. The shares were obtained through the company’s 2024 Employee Stock Purchase Plan, a program that lets employees buy stock periodically, rather than an open-market trade.
What are Philip Mazzara’s total Astera Labs (ALAB) holdings after this Form 4 transaction?
After the transaction, Philip Mazzara directly holds 118,215 shares of Astera Labs common stock. This total includes the 131 shares acquired under the 2024 Employee Stock Purchase Plan and represents his direct ownership position reported in the Form 4.
Was the Astera Labs (ALAB) insider transaction part of an employee stock purchase plan?
Yes. The 131 shares were acquired under the Astera Labs, Inc. 2024 Employee Stock Purchase Plan. The footnote explains these transactions occurred within this plan structure, rather than as discretionary market trades, and were treated as exempt under applicable SEC rules.
Which SEC rules apply to Philip Mazzara’s Astera Labs (ALAB) stock acquisition?
The stock acquisition was described as exempt under Rule 16b-3(d) and Rule 16b-3(c). These SEC rules provide exemptions for certain insider transactions made under approved employee benefit or compensation plans, such as the 2024 Employee Stock Purchase Plan referenced in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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