Form 4: AvePoint Director Jeff Epstein Acquires Shares Through Pro Rata Distribution

Director Jeff Epstein acquired 428,906 shares of AvePoint, Inc. common stock through a pro rata distribution from Apex Technology Sponsor LLC.

Summary

• On December 12, 2024, Jeff Epstein, a director of AvePoint, Inc., acquired 428,906 shares of common stock.
• The acquisition was a result of a pro rata distribution from Apex Technology Sponsor LLC, of which Epstein is a member.
• The price per share for the acquisition was $17.8.
• Following the transaction, Epstein's total beneficial ownership of AvePoint common stock is 1,569,153 shares, including non-RSU common stock and unvested RSUs.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction reflects a director's increased stake in the company, which can sometimes be interpreted positively by the market.

Stakeholder Impact

• The transaction increases the director's stake in the company, potentially aligning his interests more closely with those of other shareholders.

Key Dates

Keywords

AvePoint, Jeff Epstein, Director, Share Acquisition, Pro Rata Distribution, Apex Technology Sponsor LLC, Common Stock, Beneficial Ownership, Form 4