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 a transaction involving the withholding of shares to cover tax obligations upon the vesting of Restricted Stock Units.
Summary
- On February 23, 2024, Keith L Schilling, SVP of Technology at Aspen Aerogels, had 495 shares of common stock withheld to satisfy tax obligations related to the vesting of Restricted Stock Units.
- The shares were withheld at a price of $16.96 per share.
- Following the transaction, Schilling beneficially owns 76,395 shares of Aspen Aerogels, which includes 3,672 shares of common stock, 19,133 RSUs, and 53,590 Restricted Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transaction (shares withheld for tax obligations) |
| 02/27/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.