Astera Labs CEO Jitendra Mohan Sells 100,000+ Shares for Tax Withholding
This Form 4 filing reports that Jitendra Mohan, CEO and Director of Astera Labs, sold 100,000+ shares of common stock on May 18, 2026, to satisfy tax withholding obligations related to the vesting and settlement of restricted stock units. The sales were executed through 17 separate transactions at weighted average prices ranging from $216.46 to $235.41 per share, totaling approximately 100,000+ shares sold. The filing clarifies these were mandatory "sell to cover" transactions required by the company's tax withholding policy, not discretionary trades by the executive. Following the transactions, Mohan retains significant indirect holdings through various trusts totaling over 7.3 million shares, while his direct holdings decreased to approximately 1.36 million shares.