Form 4: AvePoint Chief Legal Officer Brian Michael Brown Reports Stock Transaction
SEC Form 4 Filing
Brian Michael Brown, Chief Legal Officer of AvePoint, Inc., reports the disposal of 7,310 shares of common stock to cover tax obligations related to RSU vesting.
Summary
- On March 1, 2025, Brian Michael Brown, the Chief Legal Officer of AvePoint, Inc., disposed of 7,310 shares of common stock.
- The transaction was exempt and related to the payment of tax liability by withholding securities incident to the vesting of restricted stock units (RSUs).
- The price per share was $14.94.
- Following the transaction, Brown beneficially owns 1,311,362 shares of AvePoint, Inc.
- These shares include both non-RSU common stock and vested/unvested RSUs.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and doesn't inherently indicate positive or negative sentiment. It's a neutral event.
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 activity related to equity compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it's a standard procedure for covering tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/01/2025 | Date of transaction (disposal of shares) |
| 03/04/2025 | Date of signature on the Form 4 filing |
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