Form 4: AvePoint CEO Tianyi Jiang Reports Tax Withholding Transaction
SEC Form 4 Filing
AvePoint's CEO, Tianyi Jiang, reports a transaction involving the withholding of shares to cover tax obligations related to the vesting of restricted stock units (RSUs).
Summary
- On March 13, 2025, AvePoint CEO Tianyi Jiang had 2,914 shares of common stock withheld by the company to cover income tax obligations related to the vesting of securities.
- This was a non-discretionary transaction to satisfy tax liabilities associated with the net settlement of securities.
- Following the transaction, Jiang directly owns 540,975 shares of AvePoint, which includes common stock and vested/unvested RSUs.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company. This filing indicates a standard tax withholding process related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it involves tax withholding and not a discretionary sale of shares by the CEO.
Key Dates
| Date | Description |
|---|---|
| September 3, 2021 | Date of a previously reported Form 4 filing with the SEC regarding common stock. |
| March 22, 2022 | Date of a previously reported Form 4 filing with the SEC regarding common stock. |
| March 23, 2023 | Date of a previously reported Form 4 filing with the SEC regarding common stock. |
| March 7, 2024 | Date of a previously reported Form 4 filing with the SEC regarding common stock. |
| 03/13/2025 | Date of the transaction where shares were withheld for tax obligations. |
| 03/17/2025 | Date of signature on the Form 4 filing. |
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