Form 4: AvePoint Executive Chairman Gong Xunkai Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Chairman of AvePoint, Gong Xunkai, reports a transaction involving the withholding of shares to cover tax obligations related to vested restricted stock units.
Summary
- On September 21, 2024, AvePoint's Executive Chairman, Gong Xunkai, reported a transaction on Form 4.
- The transaction involved the withholding of 6,117 shares of common stock at a price of $11.94.
- This withholding was to cover income tax obligations related to the net settlement of securities.
- Following the transaction, Gong Xunkai beneficially owns 551,742 shares of AvePoint common stock, including vested and unvested RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reflects routine transactions related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It provides transparency into the holdings of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine procedure related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/03/2021 | Previous Form 4 filing with the Securities and Exchange Commission. |
| 03/22/2022 | Previous Form 4 filing with the Securities and Exchange Commission. |
| 03/23/2023 | Previous Form 4 filing with the Securities and Exchange Commission. |
| 03/07/2024 | Previous Form 4 filing with the Securities and Exchange Commission. |
| 09/21/2024 | Date of the reported transaction: withholding of shares for tax obligations. |
| 09/23/2024 | Date of signature for the Form 4 filing. |
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