Form 4: AvePoint CEO Tianyi Jiang Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
AvePoint's CEO, Tianyi Jiang, disposed of 7,654 shares of common stock on March 1, 2025, to cover tax liabilities associated with the vesting of restricted stock units.
Summary
- On March 1, 2025, Tianyi Jiang, CEO of AvePoint, Inc., disposed of 7,654 shares of common stock.
- The transaction was executed to cover income tax withholding and remittance obligations related to the net settlement of restricted stock units (RSUs).
- The shares were disposed of at a price of $14.94 per share.
- Following the transaction, Jiang beneficially owns 543,889 shares of AvePoint common stock, including vested and unvested RSUs.
- The RSUs are granted under AvePoint's 2021 Equity Incentive Plan, with each RSU representing the right to receive one share of common stock upon vesting.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reflects a routine transaction for tax purposes.
Industry Context
Form 4 filings are standard practice for company insiders and large shareholders, providing transparency into their transactions in the company's stock. This transaction is a routine event related to tax obligations from equity compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction: Tianyi Jiang disposed of shares to cover tax obligations. |
| 03/04/2025 | Date of filing: Form 4 filing date. |
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