Form 4: Aspen Aerogels SVP, Sales and Marketing, Corby C Whitaker, Reports Stock Transaction
SEC Form 4 Filing
Corby C Whitaker, SVP of Sales and Marketing at Aspen Aerogels, reports the disposal of 499 shares to cover tax obligations related to vesting Restricted Stock Units.
Summary
- On February 21, 2025, Corby C Whitaker, SVP of Sales and Marketing at Aspen Aerogels, disposed of 499 shares of common stock to satisfy tax withholding requirements.
- The shares were sold at a price of $8.04 per share.
- Following the transaction, Whitaker directly owns 131,034 shares, which includes 111,989 shares of common stock and 19,045 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event, reflecting a routine transaction for tax purposes. It doesn't indicate a positive or negative outlook for the company.
Industry Context
This is a routine Form 4 filing, which is standard practice when company insiders conduct transactions in their company's stock. It provides transparency to the market regarding insider activity.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transaction (disposal of shares). |
| 02/25/2025 | Date of signature for the Form 4 filing. |
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