Form 4: Aspen Aerogels CFO Ricardo C. Rodriguez Reports Stock Transaction
SEC Form 4 Filing
Ricardo C. Rodriguez, CFO & Treasurer of Aspen Aerogels, reports the disposal of 305 common stock shares to cover tax obligations related to vesting Restricted Stock Units on February 21, 2025.
Summary
- On February 21, 2025, Ricardo C. Rodriguez, the CFO & Treasurer of Aspen Aerogels Inc. (ASPN), disposed of 305 shares of common stock.
- The transaction was executed to satisfy the minimum statutory tax withholding requirements on the vesting of Restricted Stock Units (RSUs).
- The shares were sold at a price of $8.04 per share.
- Following the transaction, Rodriguez directly owns 20,485 shares, which includes 946 shares of common stock and 19,539 RSUs.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction related to tax obligations on vested stock units. It doesn't indicate any significant positive or negative implications for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.
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 the stock transaction where 305 shares were disposed of to cover tax obligations. |
| 02/25/2025 | Date of signature by Virginia H. Johnson, Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.