ASP Isotopes (ASPI) CEO Mann Paul Elliot Sells 251,275 Shares

What Happened
Mann Paul Elliot, Chairman and CEO of ASP Isotopes Inc. (ASPI), disposed of a total of 251,275 shares in three transactions on Sept 2–4, 2026, generating aggregate proceeds of approximately $999,237. The individual reported transactions were: 83,758 shares at a weighted average $3.91 ($327,494) on 2026-09-02; 83,758 shares at a weighted average $3.92 ($328,331) on 2026-09-03; and 83,759 shares at a weighted average $4.10 (~$343,412) on 2026-09-04. These were sales (not purchases), executed under a pre-established plan and described as routine tax‑related "sell to cover" activity.

Key Details

• Dates & prices:
  • 2026-09-02: 83,758 shares; weighted avg $3.91 (individual trade prices ranged $3.75–$3.96).
  • 2026-09-03: 83,758 shares; weighted avg $3.92 (prices ranged $3.875–$3.98).
  • 2026-09-04: 83,759 shares; weighted avg $4.10 (prices ranged $3.925–$4.26).
• Total shares sold: 251,275; total proceeds ≈ $999,237.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: Sales were "sell to cover" under a Rule 10b5‑1 trading plan adopted Dec 30, 2025 to cover tax withholding on quarterly vesting of restricted stock.
  • F2–F4: Reported prices are weighted averages; the filing offers to provide breakdowns of per‑trade prices on request.
• Filing timeliness: Report covers transactions on Sept 2–4 and was filed Sept 4, 2026 (within the typical Form 4 reporting window).

Context
These sales were executed under a 10b5‑1 plan to cover tax withholding for vested restricted stock — a common, mechanically driven reason insiders sell shares. Such "sell to cover" transactions are routine and do not, by themselves, indicate management sentiment about the company.