Form 4: AvePoint CFO James Caci Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Chief Financial Officer of AvePoint, James Caci, reports the disposal of 6,120 shares of common stock to cover tax obligations related to vested restricted stock units (RSUs).
Summary
- James Caci, the Chief Financial Officer of AvePoint, Inc., filed a Form 4 with the SEC on March 17, 2025.
- The filing reports a transaction on March 13, 2025, where 6,120 shares of AvePoint's common stock were disposed of at a price of $13.79 per share.
- This disposal was an exempt transaction to cover income tax withholding and remittance obligations related to the net settlement of securities.
- Following the transaction, Caci beneficially owns 551,089 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 has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations related to equity compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| September 3, 2021 | Date of previously reported Form 4 filing with the Securities and Exchange Commission regarding vesting schedules. |
| March 22, 2022 | Date of previously reported Form 4 filing with the Securities and Exchange Commission regarding vesting schedules. |
| March 23, 2023 | Date of previously reported Form 4 filing with the Securities and Exchange Commission regarding vesting schedules. |
| March 7, 2024 | Date of previously reported Form 4 filing with the Securities and Exchange Commission regarding vesting schedules. |
| 03/13/2025 | Date of the stock disposal transaction. |
| 03/17/2025 | Date of Form 4 filing. |
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