Form 4: AvePoint CLO Sells Shares for Tax Obligations
Insider Transaction Report
AvePoint's Chief Legal Officer, Brian Michael Brown, reported the disposition of 1,547 common shares to cover tax liabilities related to vested restricted stock units.
Summary
- Brian Michael Brown, Chief Legal Officer and Director of AvePoint, Inc. (AVPT), reported a transaction on December 19, 2025.
- The transaction involved the disposition of 1,547 shares of AvePoint Common Stock at a price of $13.94 per share.
- This disposition was an exempt transaction (Code F) for the payment of tax liability by withholding securities incident to the vesting of restricted stock units (RSUs).
- The shares withheld were to satisfy income tax withholding and remittance obligations and do not represent a discretionary transaction by Mr. Brown.
- Following this transaction, Mr. Brown beneficially owns 643,501 shares, which include both non-RSU common stock and aggregate vested and unvested RSUs.
Sentiment
Score: 5
Explanation: The transaction is a non-discretionary sale for tax withholding purposes, which is a routine event for executives receiving equity compensation and does not reflect positive or negative sentiment towards the company's prospects.
Future Outlook
NA
Industry Context
This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 2021-09-03 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2022-03-22 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2023-03-23 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2024-03-07 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2025-03-18 | Date of a previously filed Form 4 related to RSU vesting schedules. |
| 2025-12-19 | Date of the reported transaction (disposition of shares for tax withholding). |
| 2025-12-23 | Date the Form 4 was signed by Brian Michael Brown. |
Keywords
AvePoint, AVPT, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, Equity Incentive Plan
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