Form 4: AvePoint Chief Legal Officer Brian Michael Brown Reports Stock Transaction

Brian Michael Brown, Chief Legal Officer of AvePoint, Inc., reported the disposition of 20,039 shares of common stock to cover tax obligations related to RSU vesting.

Summary

• On March 13, 2024, Brian Michael Brown, the Chief Legal Officer of AvePoint, Inc., reported a transaction involving the company's common stock.
• The transaction involved the disposition of 20,039 shares of common stock at a price of $7.85 per share.
• This disposition was related to the payment of tax liability by delivering or withholding securities incident to the receipt, exercise, or vesting of a security issued in accordance with Rule 16b-3.
• Following the transaction, Brown beneficially owns 1,394,787 shares of AvePoint, Inc.
• These shares include both non-RSU common stock and vested/unvested RSUs subject to previously reported vesting schedules.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the trading activities of company executives and directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.

Key Dates