Form 4: AvePoint Director and 10% Owner Lu Zhijian Reports Routine Stock Disposition for Tax Obligations
Insider Transaction Report
AvePoint, Inc. Director and 10% Owner Lu Zhijian reported the disposition of 1,205 shares of common stock at $18.59 per share, a transaction related to tax withholding upon the vesting of restricted stock units.
Summary
- Lu Zhijian, a Director and 10% Owner of AvePoint, Inc. (AVPT), reported a transaction on June 13, 2025.
- The transaction involved the disposition of 1,205 shares of AvePoint common stock.
- The shares were disposed of at a price of $18.59 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 transaction was not a discretionary sale by Mr. Zhijian but rather a mandatory withholding by the Issuer to satisfy income tax obligations.
- Following this transaction, Mr. Zhijian beneficially owns 183,283 shares of AvePoint common stock, which includes both vested and unvested RSUs.
- Mr. Zhijian was previously granted an aggregate of 151,354 RSUs, with a vesting schedule of 25% after one year and the remainder in 12 equal quarterly installments thereafter.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a mandatory, non-discretionary transaction for tax purposes related to RSU vesting, which is a routine event for company insiders.
Future Outlook
NA
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction and does not provide broader insights into industry trends or competitive landscape. It reflects a standard compensation-related event for a company executive.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the insider's investment thesis or confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 06/13/2025 | Date of earliest transaction reported by Lu Zhijian. |
| 06/17/2025 | Date the Form 4 was signed by Brian Michael Brown, Attorney-in-Fact for Lu Zhijian. |
Keywords
AvePoint, AVPT, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, RSU Vesting, Tax Withholding, Director, 10% Owner
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