Form 4: Aspen Technology Director David J. Henshall Reports Acquisition and Disposal of Common Stock Units
SEC Form 4 Filing
David J. Henshall, a director at Aspen Technology, Inc., reported the acquisition and disposal of common stock units on May 3, 2024, according to a Form 4 filing with the SEC.
Summary
- On May 3, 2024, David J. Henshall, a director of Aspen Technology, Inc., filed a Form 4 with the SEC.
- The filing reports the acquisition of 988 common stock units and 215 common stock units, both at a price of $0.
- The filing also reports the disposal of 988 common stock units.
- Following these transactions, Henshall directly owns 1,203 shares of Aspen Technology common stock.
- The transactions involve restricted stock units, which convert to common stock over time.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- It helps maintain investor confidence by ensuring compliance with securities regulations.
Key Dates
| Date | Description |
|---|---|
| April 28, 2024 | Date of execution for the Limited Power of Attorney for Section 16 Reporting Obligations. |
| May 03, 2024 | Date of the transactions reported in Form 4: acquisition and disposal of common stock units. |
| May 07, 2024 | Date of signature for the Form 4 filing. |
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