Form 4: AvePoint CFO James Caci Disposes of Shares for Tax Obligations
SEC Form 4 Filing
Chief Financial Officer of AvePoint, James Caci, disposed of 2,824 shares of common stock to cover tax liabilities related to the vesting of restricted stock units.
Summary
- On June 21, 2024, James Caci, the CFO of AvePoint, Inc., disposed of 2,824 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 withheld by the issuer to satisfy these tax obligations, and the disposition price was $10.05 per share.
- Following the transaction, Caci beneficially owns 656,153 shares of AvePoint common stock, including both non-RSU common stock and vested/unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions by a company insider for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be useful for investors assessing management's view of the company's stock.
Key Dates
| Date | Description |
|---|---|
| 06/21/2024 | Date of transaction: James Caci disposed of shares to cover tax liabilities. |
| 06/25/2024 | Date of report: Form 4 filing date. |
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