Form 4: AvePoint CEO's Routine Stock Disposition for Tax Obligations
Insider Transaction Report
AvePoint, Inc. CEO Jiang Tianyi reported a non-discretionary disposition of 2,914 shares of common stock valued at $18.59 per share to cover tax liabilities related to equity compensation.
Summary
- AvePoint, Inc. (AVPT) CEO, Director, and 10% Owner, Jiang Tianyi, reported a transaction on June 13, 2025.
- The transaction involved the disposition of 2,914 shares of AvePoint common stock.
- This disposition was an exempt transaction (Code F) for the payment of exercise price or tax liability, specifically shares withheld by the Issuer to satisfy income tax withholding and remittance obligations.
- The shares were valued at $18.59 per share for the purpose of this tax withholding.
- This was not a discretionary transaction by Mr. Jiang Tianyi.
- Following this transaction, Mr. Jiang Tianyi beneficially owns 593,914 shares of AvePoint common stock.
- The remaining beneficial ownership includes both non-RSU common stock and aggregate vested and unvested Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction is a routine, non-discretionary disposition of shares for tax purposes, which is a common occurrence for executives receiving equity compensation.
Positives
- The transaction was non-discretionary, indicating it was a routine event for tax withholding rather than a voluntary sale by the CEO.
- The CEO retains a substantial beneficial ownership of 593,914 shares, including vested and unvested RSUs, demonstrating continued alignment with shareholder interests.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Management Comments
- The shares reported as disposed of represent the number of shares of the Issuer's common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the securities.
- The disposition does not represent a discretionary transaction by the Reporting Person.
Industry Context
This Form 4 filing is a standard regulatory disclosure for insider transactions, common across all publicly traded companies. It reflects a routine event related to executive compensation and tax obligations, rather than a strategic business development or industry trend.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and the CEO retains significant ownership.
- Employees: No direct impact indicated by this filing.
- Customers: No direct impact indicated by this filing.
- Suppliers: No direct impact indicated by this filing.
- Creditors: No direct impact indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 2021-09-03 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2022-03-22 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2023-03-23 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2024-03-07 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2025-03-18 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2025-06-13 | Date of the reported transaction (disposition of common stock). |
| 2025-06-17 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
AvePoint, AVPT, SEC Form 4, Insider Transaction, CEO, Stock Disposition, Tax Withholding, Beneficial Ownership, Equity Compensation
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