Form 4: Aspen Aerogels SVP, Technology, Keith L. Schilling Reports Stock Transaction
SEC Form 4
Keith L. Schilling, SVP of Technology at Aspen Aerogels, reports the withholding of 349 common stock shares to cover tax obligations related to vesting Restricted Stock Units.
Summary
- On November 1, 2024, Keith L. Schilling, SVP of Technology at Aspen Aerogels, had 349 shares of common stock withheld to satisfy tax obligations.
- The shares were withheld at a price of $18.05.
- Following the transaction, Schilling beneficially owns 28,443 shares, including 7,972 shares of common stock and 20,471 RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax withholding on vested RSUs, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of stock transaction (withholding of shares). |
| 11/04/2024 | Date of signature on the Form 4 filing. |
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