Form 4: Aspen Aerogels Director Cari Robinson Reports Acquisition and Disposal of Common Stock and Stock Options

Director Cari Robinson reports transactions involving Aspen Aerogels common stock and stock options, including the grant of Restricted Stock Units (RSUs) and stock options as part of the annual equity grant for non-employee directors.

Summary

• On April 30, 2025, Director Cari Robinson reported transactions related to Aspen Aerogels, Inc. common stock and derivative securities.
• Robinson acquired 10,370 Restricted Stock Units (RSUs) at a price of $0, representing a portion of the annual equity grant for service as a non-employee director.
• These RSUs will vest on the earlier of April 30, 2026, or the day prior to the Issuer's annual meeting of stockholders to be held in 2026.
• Robinson also acquired 9,105 stock options with an exercise price of $5.40, also as part of the annual equity grant.
• These options will vest on the earlier of April 30, 2026, or the day prior to the Issuer's annual meeting of stockholders to be held in 2026, and expire on April 30, 2035.
• Robinson disposed of 1,876 shares of Common Stock.
• Following these transactions, Robinson beneficially owns 12,246 shares of common stock and 9,105 stock options.

Sentiment

Score: 6

Explanation: The document reflects standard insider transactions related to director compensation, which is neither particularly positive nor negative. It's a neutral disclosure.

Positives

• The grant of RSUs and stock options to a director aligns their interests with those of the shareholders, incentivizing them to work towards the company's long-term success.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs and stock options.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. The equity grants are part of the standard compensation packages for non-employee directors.

Comparison to Industry Standards

• Equity compensation for non-employee directors is a common practice among publicly traded companies.
• The specific amount and vesting schedule of the RSUs and stock options are likely benchmarked against peer companies in the materials and manufacturing sectors.
• Companies like Cabot Corporation (CBT) and Rogers Corporation (ROG) also utilize equity grants as part of their director compensation packages.

Stakeholder Impact

• The equity grants align the director's interests with those of the shareholders, potentially leading to better corporate governance and decision-making.

Key Dates

Keywords

Aspen Aerogels, Director, Cari Robinson, Form 4, RSUs, Stock Options, Equity Grant, Beneficial Ownership, ASPN