Form 4: Koch Industries Reports Change in Beneficial Ownership of Aspen Aerogels Inc. Shares
SEC Form 4 Filing
Koch Industries no longer has beneficial ownership of Aspen Aerogels Inc. shares due to an internal reorganization effective August 1, 2024.
Summary
- Koch Industries, LLC (KII) has ceased to own equity interests in Wood River Capital, LLC (Wood River) due to an internal reorganization effective August 1, 2024.
- As a result, KII no longer has beneficial ownership of any shares of Aspen Aerogels Inc. held by Wood River.
- Koch, Inc. has become the indirect ultimate parent company of both Wood River and KII.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing indicating a change in beneficial ownership due to internal restructuring. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing reflects a change in the ownership structure of Aspen Aerogels shares due to an internal reorganization within Koch Industries, which is relevant to investors tracking major shareholders and corporate restructuring activities.
Stakeholder Impact
- The change in beneficial ownership may be of interest to shareholders of Aspen Aerogels Inc.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Effective date of the internal reorganization where Koch Industries, LLC ceased to own equity interests in Wood River Capital, LLC. |
| 08/02/2024 | Date of signature for the SEC Form 4 filing. |
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