Form 4: Aspen Aerogels Executive Stephanie Pittman Reports Stock Transaction
SEC Form 4 Filing
Stephanie Pittman, Chief Human Resources Officer at Aspen Aerogels, reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On September 5, 2024, Stephanie Pittman, Chief Human Resources Officer of Aspen Aerogels, disposed of 1,734 shares of common stock to satisfy tax withholding requirements related to the vesting of Restricted Stock Units (RSUs).
- The transaction was executed at a price of $25.6 per share.
- Following the transaction, Pittman beneficially owns 22,453 shares, consisting of 3,651 shares of common stock and 18,802 RSUs.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations on vested RSUs, and it doesn't necessarily indicate a positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track the buying and selling activities of executives and directors.
Key Dates
| Date | Description |
|---|---|
| 09/05/2024 | Date of stock transaction (disposal of shares). |
| 09/09/2024 | Date of signature for the Form 4 filing. |
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