Landes Gregg 4
Research Summary
AI-generated summary
Aspen Aerogels COO Gregg Landes Sells 1,924 Shares
What Happened
Gregg Landes, Chief Operating Officer of Aspen Aerogels (ASPN), had 1,924 shares of company stock withheld on 2026-03-08 to satisfy tax withholding related to RSU vesting. The shares were valued at $3.22 each, for a total disposition of approximately $6,195. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date and price: 2026-03-08 at $3.22 per share.
- Shares disposed: 1,924; total value ≈ $6,195.
- Holdings after transaction (per filing footnote): 26,317 shares of common stock and 76,614 RSUs.
- Footnote: Shares were withheld by the company to satisfy minimum statutory tax withholding on RSU vesting.
- Filing: Reported on 2026-03-10 (filed within the typical SEC Form 4 reporting window).
Context
Share withholding to cover taxes on vested RSUs is a common, administrative disposal and does not necessarily indicate insider sentiment about the stock. Purchases by insiders generally carry more interpretive weight for investors than routine tax-withholding dispositions.