Gajendra Sanjay, President and COO of Astera Labs (ALAB), has filed 115 Form 4 transactions, all in a single company. The pattern is one-directional: he has sold $385.7 million worth of stock and has not recorded a single open-market purchase. His recent activity, spanning May and August 2026, consists of 24 sales, with the largest cluster occurring on August 17, 2026, when he executed 18 separate sell transactions. Those August sales ranged from $203,516 to $5.99 million, totaling roughly $25.4 million for the day.
The May sales were larger. On May 21, 2026, Sanjay sold in five transactions worth $1.46 million, $13.9 million, $21.4 million, $39.8 million, and $39.5 million, for a combined $116.1 million. A May 19 sale added $9.9 million. He also made a gift of shares on May 22, 2026, valued at zero, which is a transfer rather than a sale. The Form 4 codes show no open-market purchases (code P), no option exercises (code M), and no shares withheld for taxes (code F) in the recent window. Every transaction is a sale (code S) or a gift (code G).
The data shows a consistent selling bias. Sanjay has disposed of stock in large blocks, with the May 21 transactions alone exceeding $100 million. The August 17 cluster is smaller in individual size but still substantial, with 18 separate sales in one day. There is no buy-side activity to offset the sales, and the total sell value of $385.7 million represents the entirety of his reported trading. The filings do not indicate any acquisitions or purchases, so the record is entirely one of distribution.
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