Astera Labs CEO Jitendra Mohan Sells 99,768 Shares Under 10b5-1 Plan
Jitendra Mohan, CEO and Director of Astera Labs, Inc. (ALAB), sold 99,768 shares of common stock through multiple transactions on May 18-19, 2026, under a Rule 10b5-1 trading plan adopted on December 1, 2025. The sales were executed at weighted average prices ranging from $210.67 to $250.00 per share, with total proceeds exceeding $22 million. Following the transactions, Mohan's direct and indirect holdings total approximately 3.8 million shares, including holdings through various estate planning trusts. The sales occurred automatically pursuant to the pre-established trading plan, which is a common practice for corporate insiders to manage stock holdings while avoiding potential insider trading concerns. The filing includes detailed disclaimers regarding beneficial ownership of shares held in trust vehicles.