Form 4: Aspen Aerogels Executive Landes Gregg Reports Stock Transaction
SEC Form 4 Filing
SVP, Operations and Strat Development at Aspen Aerogels, Gregg Landes, reports disposition of shares to cover tax obligations upon vesting of Restricted Stock Units.
Summary
- On March 7, 2025, Gregg Landes, SVP, Operations and Strat Development at Aspen Aerogels, reported a transaction involving Aspen Aerogels Inc. common stock.
- The transaction involved the disposition of 1,924 shares to satisfy tax withholding requirements on vesting of Restricted Stock Units (RSUs) at a price of $7.95.
- Following the transaction, Landes beneficially owns 51,207 shares, consisting of 15,633 shares of common stock and 35,574 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard tax procedures. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. This filing indicates a standard practice of covering tax obligations related to vested equity.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of transaction (disposal of shares). |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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