AVPT.NASDAQAvepoint, INC

Form 4: AvePoint Chief Legal Officer Reports Routine Stock Disposition for Tax Purposes

Sentiment:

Insider Transaction Report


Brian Michael Brown, Chief Legal Officer and Director of AvePoint, Inc., reported the disposition of 7,310 shares of common stock on June 1, 2025, to cover tax liabilities related to the vesting of restricted stock units.

Summary

  • Brian Michael Brown, Chief Legal Officer and Director of AvePoint, Inc. (AVPT), filed a Form 4 with the SEC.
  • The filing reports an exempt disposition (Transaction Code F) of 7,310 shares of AvePoint common stock on June 1, 2025.
  • The shares were disposed of at a price of $18.65 per share.
  • This transaction was not a discretionary sale by Mr. Brown but rather shares withheld by AvePoint to satisfy income tax withholding and remittance obligations in connection with the net settlement of restricted stock units (RSUs).
  • Following this transaction, Mr. Brown beneficially owns 1,269,835 shares of AvePoint common stock, which includes both non-RSU common stock and aggregate vested and unvested RSUs.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary disposition of shares to cover tax obligations related to RSU vesting. This is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or the insider's outlook.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This Form 4 filing is specific to an insider transaction and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related transaction and not a market sale indicating a change in insider sentiment.

Key Dates

DateDescription
2021-09-03Previous Form 4 filing date referenced for RSU vesting schedules.
2022-03-22Previous Form 4 filing date referenced for RSU vesting schedules.
2023-03-23Previous Form 4 filing date referenced for RSU vesting schedules.
2024-03-07Previous Form 4 filing date referenced for RSU vesting schedules.
2025-03-18Previous Form 4 filing date referenced for RSU vesting schedules.
2025-06-01Date of the reported transaction (disposition of shares).
2025-06-02Signature date of the reporting person on the Form 4.

Keywords

AvePoint, AVPT, Form 4, SEC Filing, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU, Tax Withholding, Brian Michael Brown, Chief Legal Officer, Director, Beneficial Ownership

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