Form 4: Aspen Aerogels Executive Landes Gregg Reports Stock Transactions

SVP of Operations and Strategy Development at Aspen Aerogels, Gregg Landes, reports disposition of shares to cover tax obligations related to vesting of Restricted Stock Units.

Summary

• On February 23 and 24, 2024, Gregg Landes, SVP of Operations and Strategy Development at Aspen Aerogels, disposed of shares of common stock to cover tax obligations.
• A total of 495 shares were disposed of on February 23, 2024, and 330 shares on February 24, 2024, both at a price of $16.96.
• Following these transactions, Landes beneficially owns 125,568 shares of Aspen Aerogels common stock.
• This includes 54,033 shares of Common Stock, 17,945 RSUs and 53,590 shares of Restricted Stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing reflects routine transactions related to tax obligations.

Industry Context

Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.

Key Dates