Form 4: AvePoint Executive Brian Michael Brown Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Brian Michael Brown, Chief Legal Officer of AvePoint, Inc., reports disposing of 11,336 shares of common stock to cover tax liabilities related to vested restricted stock units.
Summary
- This Form 4 filing reports a transaction by Brian Michael Brown, Chief Legal Officer of AvePoint, Inc.
- On March 5, 2025, Brown disposed of 11,336 shares of AvePoint common stock at a price of $15.30.
- This disposal was an exempt transaction to cover income tax withholding obligations related to the vesting of restricted stock units (RSUs).
- Following the transaction, Brown beneficially owns 1,300,026 shares of AvePoint common stock, including both non-RSU common stock and vested/unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not convey any particularly positive or negative sentiment. It simply reports a transaction.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard practice of covering tax obligations through stock disposal.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/03/2021 | Date of previously reported Form 4 filing with the Securities and Exchange Commission. |
| 03/22/2022 | Date of previously reported Form 4 filing with the Securities and Exchange Commission. |
| 03/23/2023 | Date of previously reported Form 4 filing with the Securities and Exchange Commission. |
| 03/07/2024 | Date of previously reported Form 4 filing with the Securities and Exchange Commission. |
| 03/05/2025 | Date of the stock disposal transaction. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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