---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-002436"
form_type: "8-K"
ticker: "ASPN"
cik: "0001145986"
company_name: "ASPEN AEROGELS INC"
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:19:40.213983+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Aspen Aerogels enters new employment agreements with five senior VPs, setting base salaries and bonus targets

## Summary
- Base salaries set: Conte (HR) $300K; Landes (Ops) $400K; Rodriguez (CFO) $350K; Whitaker (Sales) $400K; Schilling (Tech) $400K; bonus targets 50-55% of base.
- Pre-change of control severance: base salary plus bonus target, pro rata bonus, 12 months COBRA, outplacement services.
- Post-change of control severance (within 24 months): 2x (base + bonus), full vesting of options (excl. SEIG awards), 24 months COBRA.
- Agreements auto-renew annually unless 60-day notice; include confidentiality, non-compete, and non-solicitation clauses.

## SEC filing metadata
- accession: 0001193125-23-002436
- form_type: 8-K
- ticker: ASPN
- cik: 0001145986
- company_name: ASPEN AEROGELS INC
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1145986/000119312523002436/0001193125-23-002436-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1145986/000119312523002436/d436602d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-002436
- JSON: https://secwatch.observer/filing/0001193125-23-002436.json
- Plain text: https://secwatch.observer/filing/0001193125-23-002436.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.