Form 4: AvePoint Director Jeff Epstein Acquires Shares
SEC Form 4 Filing
Director Jeff Epstein acquired 19,189 shares of AvePoint, Inc. common stock at a price of $9.12 on June 3, 2024.
Summary
- On June 3, 2024, Jeff Epstein, a director of AvePoint, Inc., acquired 19,189 shares of common stock.
- The acquisition was made at a price of $9.12 per share.
- Following the transaction, Epstein directly owns 1,140,247 shares of AvePoint, Inc.
- The shares were acquired through the vesting of restricted stock units (RSUs) granted under the company's 2021 Equity Incentive Plan.
- 100% of the RSUs will vest on June 3, 2025, contingent upon Epstein's continued service with the Issuer.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of a transaction. The director's purchase could be seen as slightly positive, but it's not a major event.
Positives
- A director's acquisition of shares can be seen as a positive signal, indicating confidence in the company's future prospects.
Future Outlook
The document does not contain specific forward-looking statements, but the vesting of RSUs on June 3, 2025, is contingent upon the Reporting Person's continued service with the Issuer.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of transaction: Jeff Epstein acquired 19,189 shares of AvePoint, Inc. common stock. |
| 06/03/2025 | Vesting date: 100% of the RSUs will vest, subject to continued service. |
| 06/04/2024 | Date of signature for the SEC filing. |
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