Form 4: AvePoint Executive Chairman Reports Tax Withholding Sale

Executive Chairman Xunkai Gong disposed of 3,788 shares of AvePoint common stock to satisfy tax withholding obligations.

Summary

• Executive Chairman Xunkai Gong reported the disposition of 3,788 shares of AvePoint common stock.
• The transaction occurred on June 12, 2026, at a price of $10.87 per share.
• The disposition was a non-discretionary transaction to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following this transaction, the reporting person maintains a beneficial ownership of 919,590 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax compliance rather than a strategic shift or market-driven sale.

Positives

• The transaction was a mandatory tax-related settlement rather than a discretionary sale, indicating continued alignment with company equity.

Negatives

• Reduction in the total number of shares held by the Executive Chairman.

Risks

• None identified; this is a routine administrative transaction related to tax compliance.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine tax-related share withholding is a standard practice for executives at publicly traded technology firms and does not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The transaction follows standard SEC Rule 16b-3 protocols for net settlement of equity awards, consistent with practices at other SaaS companies like Salesforce or Microsoft.

Stakeholder Impact

• Minimal impact on shareholders as the transaction was non-discretionary and limited in volume.

Next Steps

• None indicated.

Key Dates

Keywords

AvePoint, AVPT, Insider Trading, Form 4, Executive Compensation, Tax Withholding