Form 4: AvePoint CEO Tianyi Jiang Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
AvePoint's CEO, Tianyi Jiang, disposed of 2,915 shares of common stock to cover tax liabilities related to the vesting of restricted stock units.
Summary
- On September 13, 2024, Tianyi Jiang, the CEO of AvePoint, Inc., disposed of 2,915 shares of common stock.
- The transaction was executed to cover income tax withholding obligations related to the net settlement of restricted stock units (RSUs).
- The price per share for the transaction was $11.9.
- Following the transaction, Jiang directly owns 499,893 shares of AvePoint, Inc.
- These shares include both vested and unvested RSUs subject to previously reported vesting schedules.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't indicate a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of executive compensation and are common in the tech industry where stock-based compensation is prevalent.
Key Dates
| Date | Description |
|---|---|
| 09/03/2021 | Previous report on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/22/2022 | Previous report on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/23/2023 | Previous report on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/07/2024 | Previous report on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 09/13/2024 | Date of transaction: Tianyi Jiang disposed of shares to cover tax obligations. |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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