Form 4: AvePoint CFO James Caci Reports Tax-Related Stock Disposal

James Caci, CFO of AvePoint, Inc., reports the disposal of 2,552 shares of common stock to cover tax obligations related to vested restricted stock units (RSUs).

Summary

• On June 30, 2024, James Caci, the Chief Financial Officer of AvePoint, Inc., reported a transaction involving the disposal of 2,552 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 disposed of at a price of $10.42 per share.
• Following the transaction, Caci beneficially owns 660,084 shares of AvePoint, Inc.
• The reported holdings include both non-RSU common stock and vested/unvested RSUs.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating standard executive compensation practices. It doesn't suggest any significant positive or negative sentiment.

Industry Context

Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Similar filings are common among publicly traded companies, such as Microsoft, Salesforce, and Adobe, where executives often receive stock-based compensation.
• The number of shares disposed of for tax purposes is relatively small compared to the total holdings, which is typical for executives managing their equity compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax obligations.

Key Dates