Form 4: AvePoint Executive Chairman Reports Routine Tax-Related Stock Disposition
Insider Transaction Report
AvePoint, Inc.'s Executive Chairman, Gong Xunkai, reported the disposition of 6,500 shares of common stock at $17.96 per share, a non-discretionary transaction to cover tax liabilities related to equity vesting.
Summary
- Gong Xunkai, Executive Chairman, Director, and 10% Owner of AvePoint, Inc. (AVPT), reported a transaction on June 20, 2025.
- The transaction involved the disposition of 6,500 shares of AvePoint common stock.
- The shares were disposed of at a price of $17.96 per share.
- This disposition was an exempt transaction, specifically for the payment of income tax withholding and remittance obligations incident to the net settlement of securities, and was not a discretionary sale by Mr. Gong.
- Following this transaction, Mr. Gong beneficially owns 767,727 shares of AvePoint common stock.
- The reported beneficial ownership includes both non-RSU common stock and aggregate vested and unvested Restricted Stock Units (RSUs) subject to previously reported vesting schedules.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction for tax purposes, which is a common occurrence for executives receiving equity compensation.
Positives
- None directly related to the transaction itself, as it was a non-discretionary tax withholding.
Negatives
- None directly related to the transaction itself, as it was a non-discretionary tax withholding.
Risks
- No specific risks were mentioned or implied by this routine insider transaction filing.
Future Outlook
This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a standard insider transaction report and does not provide information relevant to broader industry trends or competitor analysis.
Related Party Transactions
- The reported transaction is an insider dealing, specifically a disposition of shares by the Executive Chairman to satisfy tax obligations related to equity vesting.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related sale and not indicative of a change in the insider's investment conviction.
- Employees: The underlying event (vesting of securities) can be seen as a positive for employee retention and compensation, though the filing itself reports the tax-related sale.
Key Dates
| Date | Description |
|---|---|
| 09/03/2021 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 03/22/2022 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 03/23/2023 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 03/07/2024 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 03/18/2025 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 06/20/2025 | Date of the reported transaction (disposition of shares). |
| 06/23/2025 | Date the Form 4 was signed and filed. |
Keywords
AvePoint, AVPT, Form 4, Insider Transaction, Beneficial Ownership, Common Stock, Executive Chairman, Tax Withholding, Restricted Stock Units, Equity Vesting
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