Aspen Aerogels (ASPN) executive Johnson received 26,307 shares

Insider transactions reported

Virginia Johnson (CLO, GC, Secretary & CCO at Aspen Aerogels Inc., ASPN) reported that they received 26,307 shares, and gave up 936 shares at $7.84 to cover taxes or an exercise price on Mar 5, 2025. After these transactions the filing shows 52,503 shares held directly.

Reporting person

Johnson Virginia

Role

CLO, GC, Secretary & CCO

Options and other derivatives

Holdings before and after

• Common Stock: 27,132 to 52,503 direct
• Stock Options (Right to Buy): 0 to 37,804 direct
• Performance Share Units: 0 to 52,614 direct

Footnotes from the filing

1. 1. Shares withheld by Registrant to satisfy the minimum statutory tax withholding requirements on vesting of Restricted Stock Units ( RSUs ).
2. 2. Each Restricted Stock Unit ( RSU ) represents the right to receive one share of Common Stock upon vesting. The RSUs vest as to one-third of the shares on March 5, 2026, an additional one-third of the shares on March 5, 2027 and the remaining one-third of the shares on March 5, 2028.
3. 3. Represents 7,843 shares of Common Stock and 44,660 RSUs.
4. 4. The options vest as to one-third of the shares on March 5, 2026, an additional one-third of the shares on March 5, 2027 and the remaining one-third of the shares on March 5, 2028.
5. 5. Each performance share unit ( PSU ) represents a contingent right to receive one share of Common Stock upon vesting. The PSUs vest on March 5, 2028, following the completion of the performance period, which begins on January 1, 2025 and ends on December 31, 2027. Ranging between 0-200% of the target number of PSUs (as reflected in Table II above), the PSUs vest based on the total shareholder return of Common Stock relative to the total stockholder return of the components of the Russell 2000 Index.

Transaction codes in this filing

Grant or award:

Code A marks a grant or award from the company under an exempt employee or director plan. Usually nothing is paid for it.

Shares withheld for taxes or exercise price:

Code F marks shares handed back or withheld to pay taxes or an exercise price. No sale happens in the market.

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