Astera Labs President & COO Gajendra Sanjay Sells 98,000+ Shares for Tax Withholding

This Form 4 filing reports that Gajendra Sanjay, President and COO of Astera Labs, sold 98,000+ shares of common stock on May 18, 2026, for tax withholding purposes related to vesting restricted stock units. The sales were executed through 17 separate transactions at weighted average prices ranging from $216.46 to $235.41 per share, generating approximately $22.5 million in proceeds. These were mandatory "sell to cover" transactions mandated by the company to satisfy tax obligations, not discretionary trades. Following the sales, Sanjay directly holds 1,435,857 shares and indirectly holds an additional 6,974,213 shares through three estate planning trusts. The filing demonstrates routine executive compensation management rather than voluntary stock disposition.