Form 4: Aspen Aerogels SVP, Technology, Keith L Schilling, Reports Stock Transaction
SEC Form 4 Filing
Keith L Schilling, SVP of Technology at Aspen Aerogels, reports the withholding of shares to cover tax obligations upon the vesting of Restricted Stock Units.
Summary
- On March 7, 2025, Keith L Schilling, SVP of Technology at Aspen Aerogels, had 1,924 shares of common stock withheld to satisfy tax obligations related to the vesting of Restricted Stock Units (RSUs).
- The price per share for the transaction was $7.95.
- Following the transaction, Schilling beneficially owns 49,797 shares, which includes 14,223 shares of common stock and 35,574 RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't convey any positive or negative sentiment about the company's performance or future prospects.
Industry Context
This is a routine disclosure related to insider transactions, specifically the withholding of shares to cover tax obligations upon the vesting of RSUs. It's a common practice and doesn't necessarily indicate a change in the executive's outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock transaction (shares withheld for tax obligations). |
| 03/11/2025 | Date of signature for the Form 4 filing. |
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