Aspen Aerogels director exercises 14,799 stock options
Aspen Aerogels director William P. Noglows reported an option exercise and updated his holdings.
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Form Type
4
Rhea-AI Filing Summary
Aspen Aerogels director William P. Noglows reported an option exercise and updated his holdings. He exercised stock options covering 14,799 shares of Common Stock at an exercise price of $4.75 per share, converting them into directly held shares.
After the transaction, he directly holds 114,156 shares of Common Stock, which the footnotes state includes 103,786 shares and 10,370 Restricted Stock Units. The filing also notes 10,000 shares held indirectly in a trust for each of two children, where he serves as trustee.
Insider Trade Summary
14,799 shares exercised/converted
Exercise
4 txns
Insider
NOGLOWS WILLIAM P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (Right to Buy) | 14,799 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,799 | $4.75 | $70K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (Right to Buy) — 0 contracts (Direct);
Common Stock — 114,156 shares (Direct);
Common Stock — 10,000 shares (Indirect, See footnote 2);
Common Stock — 10,000 shares (Indirect, See footnote 3)
Footnotes (4)
- F1. Represents 103,786 shares of Common Stock and 10,370 Restricted Stock Units.
- F2. These shares of Common Stock are held by a Trust for the benefit of one of the reporting person's children, of which the reporting person is the Trustee.
- F3. These shares of Common Stock are held by a Trust for the benefit of another one of the reporting person's children, of which the reporting person is the Trustee.
- F4. These stock options were fully vested and exercisable.
Key Figures
Options exercised: 14,799 shares
Exercise price: $4.75 per share
Direct holdings after: 114,156 shares
+5 more
8 metrics
Options exercised
14,799 shares
Stock options converted to Common Stock on 2026-06-23
Exercise price
$4.75 per share
Exercise or conversion price for the 14,799 options
Direct holdings after
114,156 shares
Common Stock directly held following the transaction
Direct shares component
103,786 shares
Portion of direct holdings that are actual shares of Common Stock
RSUs component
10,370 RSUs
Restricted Stock Units included in direct holdings
Child trust holdings
10,000 shares each
Two trusts for children, each holding 10,000 Common Stock shares
Option expiration
2026-06-24
Expiration date of the exercised stock options
Exercise events
1 exercise, 14,799 shares
Aggregate option exercise activity in this filing
Key Terms
Restricted Stock Units, Stock Options (Right to Buy), indirect ownership, Trust
4 terms
Restricted Stock Units financial
"Represents 103,786 shares of Common Stock and 10,370 Restricted Stock Units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy) with an exercise price of 4.7500."
indirect ownership financial
"These shares of Common Stock are held by a Trust for the benefit of one of the reporting person's children."
Trust financial
"These shares of Common Stock are held by a Trust for the benefit of another one of the reporting person's children."
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ASPN director William Noglows do in this Form 4 filing?
Director William P. Noglows exercised stock options for 14,799 Aspen Aerogels shares at $4.75 per share. The filing also updates his direct and indirect holdings, including shares and Restricted Stock Units, as of the reported date.
What stock options did William Noglows exercise in ASPN?
He exercised options covering 14,799 shares of Aspen Aerogels Common Stock at a $4.75 exercise price. The related derivative position is shown as reduced to zero following the exercise, indicating those options were fully used in this transaction.
Does William Noglows have any remaining Aspen Aerogels stock options after this filing?
The filing shows the exercised stock option position reduced to zero shares following the transaction. The derivative summary is empty, indicating no remaining option position is reported for this particular grant after the exercise.
What indirect Aspen Aerogels holdings are reported for William Noglows?
The filing lists two indirect positions of 10,000 Aspen Aerogels shares each, held in separate trusts for two of his children. He serves as trustee for both trusts, and the entries reference explanatory footnotes describing these arrangements.
How many Restricted Stock Units does William Noglows have in ASPN?
A footnote states that his direct position includes 10,370 Restricted Stock Units in addition to 103,786 shares of Common Stock. These RSUs are reported together with shares in the total direct holding of 114,156 units after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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