Form 4: Aspen Aerogels SVP, Operations and Strat Development, Gregg Landes, Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Gregg Landes, SVP of Operations and Strategic Development at Aspen Aerogels, reports the cancellation of unearned performance-based restricted shares and current holdings of common stock and RSUs.
Summary
- On March 5, 2024, Gregg Landes, SVP of Operations and Strategic Development at Aspen Aerogels, reported changes in beneficial ownership.
- 53,590 unearned performance-based restricted shares granted on June 2, 2022, were cancelled.
- Following the transaction, Landes beneficially owns 71,978 shares, including 54,033 shares of Common Stock and 17,945 RSUs.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing changes in share ownership. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The change in ownership may have a minor impact on shareholders, but is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 06/02/2022 | Date of grant for the unearned performance-based restricted shares that were later cancelled. |
| 03/05/2024 | Date of transaction: cancellation of unearned performance-based restricted shares. |
| 03/07/2024 | Date of signature for the Form 4 filing. |
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