Astera Labs, Inc. (NASDAQ: ALAB) reported an insider sale by Chief Executive Officer Jitendra Mohan on April 15, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The filing shows Mohan sold a total of 2,967 shares of common stock under a pre-arranged 10b5-1 trading plan, generating approximately $518,036 in proceeds.
The disposition was split into two distinct transactions. The larger tranche consisted of 2,767 shares sold at a weighted average price of $174.5682, with trade prices in that block ranging from $174.00 to $174.91. A second, smaller sale recorded 200 shares at $175.03.
The insider sales took place while ALAB shares were trading at $170.81. The stock has delivered a notable 191% gain over the past 12 months. An InvestingPro analysis cited in the filing states that the shares appear overvalued relative to the platform's Fair Value estimate and ranks ALAB among the most overvalued names tracked by that service.
After the reported transactions, the ownership disclosed in the filing shows Mohan retains a substantial position across direct and indirect holdings. He continues to indirectly hold 4,405,015 shares through a living trust, an additional 6,350,002 shares indirectly through several other trusts, and directly holds 1,452,739 shares.
Investors seeking additional valuation and performance data are directed to the comprehensive Pro Research Report available for this company and more than 1,400 other U.S. equities on InvestingPro.
In separate corporate disclosures, Astera Labs reported strong fourth-quarter 2025 financial results that exceeded analyst expectations. The company posted earnings per share of $0.58, beating the $0.51 estimate by 13.73%. Revenue for the quarter came in at $270.6 million, a 92% increase year-over-year. The company noted an after-hours uptick in its share price following those results; this article concentrates on the reported earnings and revenue figures.
The Form 4 filing and the quarterly results together offer a snapshot of recent executive activity and company performance. The insider sale was executed under a standing trading plan, and public filings indicate that Mohan remains a significant shareholder across direct and trust-held positions.