---
title: "Astera Labs Insiders Sold Shares Worth Over $24M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287132509.md"
description: "Astera Labs insiders sold shares worth over $24M on May 18, 2026. Philip Mazzara, General Counsel, sold shares for $3.26M, retaining 104,139 shares. Gajendra Sanjay, President and COO, sold shares totaling $21.48M, maintaining 1,435,857 shares directly and 6,974,213 shares indirectly through trusts. The sales were automatic to meet tax obligations related to restricted stock units."
datetime: "2026-05-21T00:00:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287132509.md)
  - [en](https://longbridge.com/en/news/287132509.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287132509.md)
---

# Astera Labs Insiders Sold Shares Worth Over $24M

Philip Mazzara, an officer serving as General Counsel and Secretary, reported the sale of Common Stock on May 18, 2026, with individual per-share prices in the reported lots ranging from $216.10 to $235.94 and several grouped trades reported at weighted-average prices; the total proceeds from his sales were $3,262,539 and he directly owned 104,139 shares of Common Stock following the reported transactions.

Gajendra Sanjay, an insider serving as President and Chief Operating Officer, reported sales of Common Stock on May 18, 2026, executed via multiple transactions at weighted average prices for each lot as reported on the Form 4, with total proceeds of $21,476,948; following these transactions he directly owned 1,435,857 shares and indirectly owned 6,974,213 shares via three trusts, and the Form 4 states the sales were automatic to satisfy tax withholding obligations in connection with the vesting and settlement of restricted stock units.

Reporter Name

Relationship

Type

Amount

SEC Filing

Mazzara Philip

General Counsel and Secretary

Sell

$3,262,539

Form 4

Gajendra Sanjay

President and COO

Sell

$21,476,948

Form 4

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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