Form 4: Aspen Aerogels CEO Donald R. Young Reports Stock Transaction
SEC Form 4 Filing
Donald R. Young, CEO of Aspen Aerogels, reports disposition of shares to cover tax obligations related to vesting of Restricted Stock Units.
Summary
- On February 21, 2025, Donald R. Young, the President and CEO of Aspen Aerogels, Inc. (ASPN), disposed of 1,108 shares of common stock to cover tax obligations.
- The shares were withheld by the registrant to satisfy the minimum statutory tax withholding requirements on the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Young directly owns 482,532 shares, which includes 438,170 shares of common stock and 44,362 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is related to tax obligations from vested RSUs, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transaction (disposal of shares). |
| 02/25/2025 | Date of signature by Attorney-in-Fact. |
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