Astera Labs Chairman Manuel Alba Sells $60.5 Million Stock. It it Time to Sell ALAB Shares Too?
Alba disposed of ~137,000 shares via pre-arranged Rule 10b5-1 plan, reducing his stake by roughly 10% while maintaining ~1.6 million shares worth $675 million.
Overview
Manuel Alba, the chairman of the board of Astera Labs, Inc. (NASDAQ:ALAB), sold ~137,000 shares of common stock on July 1, for a total value of approximately $60.5 million. SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($442.01); post-transaction value based on July 1, 2026 market close ($430.86).
Details
Source
Originally published at www.fool.com.
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