THOELE GRANT DOUGLAS enters ASPEN AEROGELS INC with 4.61K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

THOELE GRANT DOUGLAS

Filed: 10/2/2025ACC: 0001193125-25-228693

InsiderTHOELE GRANT DOUGLASCIK 2089743

→

IssuerASPEN AEROGELS INCCIK 1145986

Officer· CFO & Treasurer

Since Mar 2026

4.61K

Baseline shares

100% direct

4.61K

Direct ownership

1 position

40.20K

Derivative underlying

7 instruments

Security positions

All direct

Non-Derivative Holdings1

Common Stock

Direct

Shares owned4.61K

Total

4.61K direct4.61K

Security Title	Shares Owned	Ownership Type
Common Stock	4.61K	Direct
Total	4.61K	4.61K direct

Derivative Holdings7

Performance Share Units

Direct

Underlying security

Common Stock

Underlying shares

12.76K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

5.37K

Shares owned

N/A

Exercise price

16.34

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

N/A

Exercise price

52.60

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

2.99K

Shares owned

N/A

Exercise price

26.29

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

8.99K

Shares owned

N/A

Exercise price

7.84

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

1.33K

Shares owned

N/A

Exercise price

26.29

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

7.77K

Shares owned

N/A

Exercise price

9.88

Expiration

—

Exercise window

—

Total

Underlying

40.20K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Performance Share Units Direct	Common Stock		—	—	12.76K	N/A
Stock Options (Right to Buy) Direct	Common Stock	16.34	—	—	5.37K	N/A
Stock Options (Right to Buy) Direct	Common Stock	52.60	—	—	1K	N/A
Stock Options (Right to Buy) Direct	Common Stock	26.29	—	—	2.99K	N/A
Stock Options (Right to Buy) Direct	Common Stock	7.84	—	—	8.99K	N/A
Stock Options (Right to Buy) Direct	Common Stock	26.29	—	—	1.33K	N/A
Stock Options (Right to Buy) Direct	Common Stock	9.88	—	—	7.77K	N/A
Total					40.20K	0.00