Form 4: AvePoint CFO James Caci Disposes of Shares to Cover Tax Obligations

James Caci, CFO of AvePoint, Inc., disposed of 2,552 shares of common stock on March 31, 2024, to cover tax liabilities associated with the vesting of restricted stock units (RSUs).

Summary

• On March 31, 2024, James Caci, the Chief Financial Officer of AvePoint, Inc., disposed of 2,552 shares of the company's 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 disposed of at a price of $7.44 per share.
• Following the transaction, Caci beneficially owns 705,097 shares of AvePoint common stock, including both non-RSU common stock and vested/unvested RSUs.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like the CFO, trade their company's stock. These filings are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates