Form 4: Astera Labs Director Stefan A. Dyckerhoff Sells Shares
SEC Form 4 Filing
Director Stefan A. Dyckerhoff of Astera Labs, Inc. reports the sale of common stock in multiple transactions on November 6, 2024.
Summary
- Stefan A. Dyckerhoff, a director of Astera Labs, Inc., filed a Form 4 disclosing changes in beneficial ownership.
- On November 6, 2024, Dyckerhoff sold 5,628 shares of common stock at a weighted average price of $88.0637, 3,509 shares at $88.8724, 40,863 shares at $89.9987, and 6,567 shares at $90.
- Following these transactions, Dyckerhoff directly owns 129,617 shares.
- Dyckerhoff also indirectly owns shares through SHM Investments, LLC, a limited partnership, a trust, and several irrevocable trusts, but disclaims beneficial ownership except for his pecuniary interest.
- The sales were executed at varying prices within specified ranges, and Dyckerhoff has committed to providing detailed price information upon request.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock sales by a company director, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock sales by a company insider, which is common for publicly traded companies.
Stakeholder Impact
- The stock sale by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 11/06/2024 | Date of stock sale transactions |
| 11/08/2024 | Date of signature on the Form 4 filing |
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