Form 4: Aspen Aerogels Director Kool Executes Stock Option and Sells Shares
SEC Form 4 Filing
Director Kathleen Kool exercised stock options and sold shares of Aspen Aerogels on May 22, 2024.
Summary
- On May 22, 2024, Kathleen Kool, a director of Aspen Aerogels, Inc., executed a stock option to acquire 4,470 shares of common stock at a price of $12.15 per share.
- Simultaneously, Kool sold 4,470 shares of common stock at a weighted average price of $27.3.
- Following these transactions, Kool directly owns 11,685 shares of common stock and retains a stock option for 0 shares.
- The reported transactions also include 7,488 shares of restricted stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the buying and selling activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Kool exercised stock options and sold shares. |
| 05/23/2024 | Date of signature of the report. |
| 11/01/2032 | Expiration date of the stock option. |
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