Donald R. Young - 13 Nov 2025 Form 4 Insider Report for ASPEN AEROGELS INC (ASPN)

Signature
/s/ Glenn Deegan, Attorney-in-Fact
Issuer symbol
ASPN
Transactions as of
13 Nov 2025
Transactions value $
-$183,609
Form type
4
Filing time
14 Nov 2025, 17:00:04 UTC
Previous filing
12 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Young Donald R President and CEO, Director C/O ASPEN AEROGELS, INC.,, 30 FORBES ROAD, BLDG B, NORTHBOROUGH /s/ Glenn Deegan, Attorney-in-Fact 14 Nov 2025 0001610257

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASPN Common Stock Sale -$184K -56.8K -10.32% $3.23 494K 13 Nov 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported on this Form 4 was effected pursuant to a rule 10b5-1 trading plan. This plan was previously adopted by the reporting person on August 11, 2025, to sell a limited number of shares for tax purposes in connection with a one-time personal real estate transaction.
F2 These transactions were executed in multiple trades at prices ranging from $3.15 to $3.41. The reporting person will provide to the staff of the Securities and Exchange Commission, the issuer, or any security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
F3 Represents 414,306 shares of Common Stock and 79,705 Restricted Stock Units.

Remarks:

Exhibit 24.1 - Power of Attorney