Form 4: AvePoint Executive Chairman Reports Tax-Related Stock Disposition

AvePoint's Executive Chairman, Xunkai Gong, reported a non-discretionary disposition of 3,988 shares for tax withholding purposes related to RSU vesting.

Summary

• Xunkai Gong, Executive Chairman and Director of AvePoint, Inc. (AVPT), reported a transaction involving the company's common stock.
• On March 13, 2026, 3,988 shares of common stock were disposed of.
• This disposition was an exempt transaction (Code F) for income tax withholding and remittance obligations, incident to the net settlement of securities, and was not a discretionary transaction by Mr. Gong.
• The shares were valued at $10.43 per share for the purpose of this tax withholding.
• Following this transaction, Mr. Gong beneficially owns 745,089 shares of AvePoint common stock, which includes both non-RSU common stock and aggregate vested and unvested Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine, non-discretionary tax withholding transaction common with RSU vesting, and not indicative of management's sentiment towards the stock.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive and director holdings. This specific filing reflects a common practice where shares are withheld to cover tax liabilities upon RSU vesting, rather than a discretionary sale, and is a routine event in executive compensation.

Stakeholder Impact

• Shareholders gain transparency into insider holdings, but this specific transaction has minimal direct impact as it is a non-discretionary event related to executive compensation.

Key Dates

Recommendation

This Form 4 filing reports a routine, non-discretionary disposition of shares by an executive to cover tax obligations related to RSU vesting. It does not reflect a change in the executive's investment thesis or the company's fundamentals, thus it provides no new information to alter an existing investment position.

Keywords

AvePoint, AVPT, Form 4, insider transaction, stock disposition, RSU, restricted stock units, tax withholding, executive chairman, Xunkai Gong