Form 4: Aspen Aerogels CFO Ricardo Rodriguez Reports Stock Transaction
SEC Form 4 Filing
Ricardo Rodriguez, CFO & Treasurer of Aspen Aerogels, reports disposition of shares to cover tax obligations related to vesting of Restricted Stock Units.
Summary
- On February 25, 2025, Ricardo C. Rodriguez, CFO & Treasurer of Aspen Aerogels, Inc. disposed of 173 shares of common stock to cover tax obligations.
- The shares were withheld by the company to satisfy the minimum statutory tax withholding requirements on the vesting of Restricted Stock Units (RSUs).
- Following the transaction, Rodriguez beneficially owns 20,312 shares, consisting of 1,267 shares of common stock and 19,045 RSUs.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations on vested RSUs.
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 on vested RSUs, a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of stock transaction (disposal of shares). |
| 02/26/2025 | Date of signature for the Form 4 filing. |
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