Astera Labs Chairman Sells $60.5 Million in Shares via Pre-Arranged Trading Plan
Manuel Alba, chairman of Astera Labs (NASDAQ:ALAB), sold approximately $60.5 million worth of shares on July 1, 2026 through a pre-arranged Rule 10b5-1 trading plan. The sale represents about 10% of his holdings and follows strong stock performance with a one-year total return of 386%. Alba still holds around $675 million in shares post-sale.
Tickers: $ALAB
Topics: Astera Labs insider selling semiconductors