AI Infrastructure Semiconductor Executives, Including CEO, Sell Shares Worth Billions

At Astera Labs, Inc. (ALAB), CEO Jitendra Mohan sold approximately 137,500 shares of common stock on March 17, 2026, under a 10b5-1 plan prearranged in December 2025. The automated sales, executed across multiple price tiers, generated about $18.2 million (roughly ₩240 billion). On April 1, executive Manuel Alba sold roughly 180,000 shares through trusts and LLCs, raising about $19.5 million (around ₩260 billion), while General Counsel Philip Mazor disposed of about 10,000 shares the same day, netting approximately $1.07 million (about ₩15 billion). According to regulatory filings, all three insiders still retain equity stakes in the millions of shares.

The company has scheduled its first-quarter 2026 earnings release and conference call for May 5. In fiscal 2025, propelled by expanding AI infrastructure demand, Astera Labs achieved double-digit year-over-year revenue growth.

Founded in 2017, Astera Labs is a U.S. fabless semiconductor firm that designs high-speed connectivity solutions for data centers and cloud AI infrastructure. The company went public on Nasdaq in March 2024 under the ticker ALAB.