Wood River Capital, LLC sold ASPN

May 14, 2024 · Form 4 insider transaction

Wood River Capital, LLC sold 3,500,000 shares of Aspen Aerogels, Inc. at $23.50 per share, a transaction worth $82.25M. The trade was recorded as open-market sale and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Disposed (sell-side)
Shares
3,500,000
Price
$23.50
Total value
$82.25M
Role10% owner
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMay 14, 2024
Filing dateMay 15, 2024
Shares owned after12,280,426
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The sale was executed in a single block trade at $23.50 per share.; Wood River is beneficially owned by SCC Holdings, LLC ("SCC"), SCC is beneficially owned by KIM, LLC ("KIM"), KIM is beneficially owned by Koch Investments Group, LLC ("KIG"), KIG is beneficially owned by Koch Investments Group Holdings, LLC ("KIGH"), and KIGH is beneficially owned by Koch Industries, Inc. ("Koch Industries"), in each case by means of ownership of all voting equity instruments. Koch Industries, SCC, KIM, KIG, and KIGH may be deemed to beneficially own the shares of the Issuer's common stock beneficially owned by Wood River by virtue of (i) Koch Industries' beneficial ownership of KIGH, (ii) KIGH's beneficial ownership of KIG, (iii) KIG's beneficial ownership of KIM, (iv) KIM's beneficial ownership of SCC and (v) SCC's beneficial ownership of Wood River.

View the original Form 4 on SEC EDGAR