SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Report 1.5% Beneficial Ownership in Aspen Aerogels Inc.
Beneficial Ownership Report
FMR LLC and its Chairman and CEO, Abigail P. Johnson, have reported a combined beneficial ownership of 1.5% of Aspen Aerogels Inc.'s common stock as of December 31, 2024.
Summary
- FMR LLC and Abigail P. Johnson jointly reported beneficial ownership of 1,226,073.37 shares of Aspen Aerogels Inc. common stock.
- This ownership represents 1.5% of the total outstanding common stock of Aspen Aerogels Inc.
- The filing is an Amendment No. 1 to a Schedule 13G, indicating a previous beneficial ownership report was filed.
- FMR LLC holds sole voting power over 1,223,710 shares, while both FMR LLC and Abigail P. Johnson hold sole dispositive power over 1,226,073.37 shares.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Aspen Aerogels Inc.
- Abigail P. Johnson is identified as a Director, Chairman, and Chief Executive Officer of FMR LLC, and a member of the Johnson family who are predominant owners of FMR LLC's voting shares.
Sentiment
Score: 5
Explanation: Neutral. This is a factual disclosure of beneficial ownership and does not contain information that would indicate positive or negative sentiment regarding the company's performance or prospects.
Future Outlook
NA
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.
Industry Context
This filing indicates a significant, though non-controlling, passive investment by a major asset manager (FMR LLC, parent of Fidelity) in Aspen Aerogels Inc. This is a routine disclosure for institutional investors crossing certain ownership thresholds, reflecting their portfolio allocation decisions rather than specific industry trends.
Stakeholder Impact
- This filing primarily impacts shareholders by providing transparency on significant institutional ownership.
- It indicates that a large asset manager holds a passive stake, which can be viewed as a vote of confidence in the company's long-term prospects, though it is not an active investment for control.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC. |
| 2023-01-10 | Date of previous Schedule 13G filing by FMR LLC (accession number -23-000003) where FMR LLC's Power of Attorney was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of previous Schedule 13G filing by FMR LLC (accession number -23-000038) where Abigail P. Johnson's Power of Attorney was incorporated by reference. |
| 2024-12-31 | Date of event which requires filing of this statement (reporting date for beneficial ownership). |
| 2025-02-11 | Date of joint filing agreement and signature date for this Schedule 13G. |
Keywords
Aspen Aerogels Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing, Investment Management
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