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Aspen Neuroscience (ASPE) chair Hasnain acquired 36,349 shares

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Exec Chair Hasnain Faheem's trust converted preferred into 36,349 common shares at IPO, a non-cash conversion with no sale.

Insider transactions reported

Faheem Hasnain (Executive Chair at Aspen Neuroscience Inc., ASPE) reported that they acquired 36,349 shares on Nov 2, 2026. After these transactions the filing shows 7,120 shares held indirectly (See Footnote 2.).

Reporting person
Hasnain Faheem
Role
Executive Chair
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Nov 2, 2026Conversion of a derivative (C)Common Stock1, 2+36,349--7,120 indirect

Options and other derivatives

Options and other derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Nov 2, 2026Conversion of a derivative (C)Series A-1 Convertible Preferred StockOn 14,913 Common Stock1, 2-14,913--0 indirect
Nov 2, 2026Conversion of a derivative (C)Series A-2 Convertible Preferred StockOn 14,316 Common Stock1, 2-14,316--0 indirect
Nov 2, 2026Conversion of a derivative (C)Series C Convertible Preferred StockOn 7,120 Common Stock1, 2-7,120--0 indirect

Holdings before and after

  • Common Stock: 0 to 7,120 indirect, See Footnote 2.
  • Series A-1 Convertible Preferred Stock: 14,913 to 0 indirect, See Footnote 2.
  • Series A-2 Convertible Preferred Stock: 14,316 to 0 indirect, See Footnote 2.
  • Series C Convertible Preferred Stock: 7,120 to 0 indirect, See Footnote 2.

Other positions listed

  • Common Stock: 26,658 direct

Footnotes from the filing

  1. 1. Each share of Series A-1 Convertible Preferred Stock, Series A-2 Convertible Preferred Stock, and Series C Convertible Preferred Stock (collectively, the Preferred Stock ) automatically converted on a 1-for-9.8821 basis into shares of Common Stock upon the closing of the Issuer's initial public offering without payment of further consideration. Share numbers give effect to such conversion. The Preferred Stock had no expiration date.
  2. 2. Securities held by the Hasnain Revocable Trust.

Transaction codes in this filing

Conversion of a derivative:
Code C marks the conversion of a derivative, such as preferred stock or units, into another security.

FAQ

What did Hasnain report in this ASPE Form 4?

Faheem Hasnain (Executive Chair at Aspen Neuroscience Inc., ASPE) reported that they acquired 36,349 shares on Nov 2, 2026. After these transactions the filing shows 7,120 shares held indirectly (See Footnote 2.).

How many ASPE shares does Hasnain hold after this filing?

The filing shows 7,120 shares held indirectly (See Footnote 2.) after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code C mean on an SEC Form 4?

Code C marks the conversion of a derivative, such as preferred stock or units, into another security.

Quantisnow market dataNASDAQ
Aspen Neuroscience Inc. logo
ASPE
Aspen Neuroscience Inc.
Market cap
30-day
Sector
Health Care
Industry
Biotechnology: Pharmaceutical Preparations
Listed since
2026
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