Form 4: Aspen Aerogels SVP, Sales and Marketing, Corby C Whitaker, Reports Changes in Beneficial Ownership

Corby C Whitaker, SVP of Sales and Marketing at Aspen Aerogels, reports the disposition of 1,768 shares to cover tax obligations upon vesting of Restricted Stock Units.

Summary

• On March 8, 2024, Corby C Whitaker, SVP of Sales and Marketing at Aspen Aerogels, disposed of 1,768 shares of common stock to satisfy tax withholding requirements related to the vesting of Restricted Stock Units (RSUs).
• The shares were disposed of at a price of $17.02 per share.
• Following the transaction, Whitaker directly owns 131,533 shares, which includes 111,062 shares of common stock and 20,471 RSUs.

Sentiment

Score: 5

Explanation: This is a neutral filing related to routine stock transactions for tax purposes. It doesn't indicate positive or negative sentiment towards the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It doesn't necessarily reflect a strategic shift or significant event for Aspen Aerogels.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
• The number of shares disposed of for tax withholding is typical and depends on the individual's compensation structure and tax bracket.

Key Dates