4/A: Astera Labs General Counsel Philip Mazzara Amends Form 4 Filing to Correct Share Sale Details

Philip Mazzara, General Counsel and Secretary of Astera Labs, amended a previous Form 4 filing to correct the number of shares sold on August 23 and 26, 2024.

Summary

• Philip Mazzara, General Counsel and Secretary of Astera Labs, filed an amended Form 4 with the SEC.
• The amendment corrects the number of shares reported in Table I, Row 3, Column 4 of the original Form 4 filed on August 26, 2024.
• Mazzara sold shares of Astera Labs common stock on August 23 and 26, 2024, under a Rule 10b5-1 trading plan adopted on May 24, 2024.
• On August 23, 2024, Mazzara sold 12,188 shares at an average price of $39.72, 19,355 shares at an average price of $40.28, and 10,457 shares at an average price of $41.52.
• On August 26, 2024, Mazzara sold 1,600 shares at an average price of $42.62 and 6,400 shares at an average price of $43.25.
• Following these transactions, Mazzara directly owns 325,564 shares of Astera Labs common stock.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to insider trading activity. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is crucial for maintaining market integrity and investor confidence.

Stakeholder Impact

• Shareholders are informed about insider trading activities, promoting transparency.

Key Dates