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Astera Labs(ALAB.US) Officer Sells US$36.12 Million in Common Stock

Moomoo News ·  Dec 5, 2024 06:48

$Astera Labs (ALAB.US)$ Officer Tate Michael Truett sold 334K shares of common stock on Dec 2, 3, 2024 at an average price of $108.1474 for a total value of $36.12 million.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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