Form 4: AvePoint CEO Tianyi Jiang Reports Tax-Related Stock Disposal
SEC Form 4 Filing
AvePoint's CEO, Tianyi Jiang, disposed of 7,654 shares of common stock to cover tax obligations related to vested restricted stock units.
Summary
- On March 1, 2024, Tianyi Jiang, the CEO of AvePoint, Inc., disposed of 7,654 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 shares were withheld by the issuer to satisfy these tax obligations and do not represent a discretionary transaction by the reporting person.
- Following the transaction, Jiang beneficially owns 452,551 shares of AvePoint common stock, including vested and unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and major shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations and not a discretionary sale.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of the stock disposal transaction. |
| 03/04/2024 | Date of the Form 4 filing. |
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