Aspen Aerogels director granted RSUs and options
Aspen Aerogels director Steven R. Mitchell received new equity awards as part of his non-employee director compensation.
Rhea-AI Filing Summary
Aspen Aerogels director Steven R. Mitchell received new equity awards as part of his non-employee director compensation. He was granted 10,370 Restricted Stock Units, each representing one share of common stock upon vesting. These RSUs vest on the earlier of May 13, 2027 or the day before the 2027 annual stockholders meeting.
Mitchell was also granted stock options for 8,706 shares of common stock at an exercise price of $5.40 per share, expiring on May 13, 2036. After these awards, he holds 156,898 common shares and RSUs in total, reflecting routine compensation-related acquisitions rather than open-market purchases.
Positive
- None.
Negative
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Insider Trade Summary
Grant/Award: 19,076 shares
Grant/Award
2 txns
Insider
Mitchell Steven R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 8,706 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 10,370 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Options (Right to Buy) — 8,706 contracts (Direct);
Common Stock — 156,898 shares (Direct)
Footnotes (3)
- F1. The reporting person was granted Restricted Stock Units ("RSUs") representing a portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. Each RSU represents the right to receive one share of Common Stock upon vesting. These RSUs will vest on the earlier of (a) May 13, 2027, or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2027.
- F2. Represents 146,528 shares of Common Stock and 10,370 RSUs.
- F3. The reporting person was granted options representing the remaining portion of the annual grant of equity for service as a non-employee director pursuant to the Issuer's Non-Employee Director Compensation Policy. The options will vest on the earlier of (a) May 13, 2027, or (b) the day prior to the Issuer's annual meeting of stockholders to be held in 2027.
Key Figures
RSU grant: 10,370 RSUs
Option grant size: 8,706 options
Option exercise price: $5.40 per share
+3 more
6 metrics
RSU grant
10,370 RSUs
Annual equity grant for non-employee director; each RSU equals one share upon vesting
Option grant size
8,706 options
Stock options granted as remaining portion of annual director equity award
Option exercise price
$5.40 per share
Exercise price for newly granted stock options
Option expiration
May 13, 2036
Expiration date of director’s newly granted stock options
Post-transaction holdings
156,898 shares/RSUs
Total Aspen Aerogels common stock and RSUs held after grants
Common shares vs RSUs detail
146,528 shares; 10,370 RSUs
Breakdown of post-transaction position from footnote
Key Terms
Restricted Stock Units ("RSUs"), Non-Employee Director Compensation Policy, Stock Options (Right to Buy), underlying security
4 terms
Restricted Stock Units ("RSUs") financial
"The reporting person was granted Restricted Stock Units ("RSUs") representing a portion of the annual grant of equity"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Non-Employee Director Compensation Policy financial
"pursuant to the Issuer's Non-Employee Director Compensation Policy"
Stock Options (Right to Buy) financial
"Stock Options (Right to Buy)"
underlying security financial
"underlying_security_title": "Common Stock""
FAQ
What equity awards did Aspen Aerogels (ASPN) grant to director Steven R. Mitchell?
Aspen Aerogels granted Steven R. Mitchell 10,370 Restricted Stock Units and stock options for 8,706 shares. These awards represent his annual equity compensation for service as a non-employee director under the company’s Non-Employee Director Compensation Policy.
When do Steven R. Mitchell’s new Aspen Aerogels RSUs vest?
The 10,370 Restricted Stock Units vest on the earlier of May 13, 2027, or the day before Aspen Aerogels’ 2027 annual stockholders meeting. Upon vesting, each RSU converts into one share of common stock, increasing his directly held share count.
What are the terms of Steven R. Mitchell’s new Aspen Aerogels stock options?
Mitchell received stock options covering 8,706 shares of Aspen Aerogels common stock at a $5.40 exercise price. These options are part of his annual director equity grant and will vest on the same schedule as the RSUs, expiring on May 13, 2036.
Is Steven R. Mitchell’s Form 4 transaction in ASPN stock an open-market trade?
No, the Form 4 reports compensation-related grants, not open-market trades. The RSUs and stock options were awarded under Aspen Aerogels’ Non-Employee Director Compensation Policy as part of his annual equity grant for board service.
AI-generated analysis. How Rhea-AI works. Not financial advice.
