Form 4: AvePoint CEO Tianyi Jiang Reports Tax-Related Stock Disposal
SEC Form 4 Filing
AvePoint's CEO, Tianyi Jiang, disposed of 4,706 shares of common stock on March 21, 2024, to cover tax obligations related to vested RSUs.
Summary
- On March 21, 2024, Tianyi Jiang, the CEO of AvePoint, Inc., disposed of 4,706 shares of common stock.
- The transaction was executed at a price of $15.05 per share.
- This disposal was related to covering income tax withholding and remittance obligations associated with the net settlement of securities.
- The transaction was exempt under Rule 16b-3, involving the payment of tax liability by withholding securities.
- Following the transaction, Jiang directly owns 604,482 shares of AvePoint common stock, including vested and unvested RSUs.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the stock transactions of company insiders, allowing investors to monitor potential alignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related stock disposal by the CEO.
Key Dates
| Date | Description |
|---|---|
| 09/03/2021 | Date of previously reported vesting schedules on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/22/2022 | Date of previously reported vesting schedules on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/23/2023 | Date of previously reported vesting schedules on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/07/2024 | Date of previously reported vesting schedules on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/21/2024 | Date of transaction: Disposal of 4,706 shares of common stock to cover tax obligations. |
| 03/18/2025 | Date of previously reported vesting schedules on Table I on a Form 4 filed with the Securities and Exchange Commission |
| 03/25/2025 | Date of signature on the Form 4 filing. |
Keywords
AvePoint, Tianyi Jiang, Form 4, insider trading, stock disposal, tax obligations, RSUs, AVPT
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.