Form 4: AvePoint Executive Chairman's Tax-Related Stock Disposal
Insider Transaction Report
AvePoint's Executive Chairman, Xunkai Gong, reported a non-discretionary disposal of 4,025 common shares to cover tax obligations related to vested securities.
Summary
- Xunkai Gong, Executive Chairman, Director, and 10% Owner of AvePoint, Inc. (AVPT), reported a transaction on September 12, 2025.
- The transaction involved the disposal of 4,025 shares of AvePoint common stock at a price of $15.61 per share.
- This disposal was an exempt transaction (F code) for the payment of tax liability by withholding securities incident to the vesting of restricted stock units (RSUs).
- The shares withheld do not represent a discretionary transaction by Mr. Gong.
- Following this transaction, Mr. Gong beneficially owns 770,202 shares, which includes non-RSU common stock and aggregate vested and unvested RSUs.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary event for tax purposes related to RSU vesting and does not indicate any change in management's investment sentiment or the company's operational performance. Therefore, the sentiment is neutral.
Future Outlook
NA
Industry Context
This transaction is a routine insider filing related to compensation and tax obligations, which is common across all industries for executives receiving equity-based compensation. It does not provide specific insights into broader industry trends or competitive positioning.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary tax-related transaction and not a voluntary sale, thus not signaling a change in insider confidence.
- Employees: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 2021-09-03 | Date of a previous Form 4 filing related to RSU vesting schedules. |
| 2022-03-22 | Date of a previous Form 4 filing related to RSU vesting schedules. |
| 2023-03-23 | Date of a previous Form 4 filing related to RSU vesting schedules. |
| 2024-03-07 | Date of a previous Form 4 filing related to RSU vesting schedules. |
| 2025-03-18 | Date of a previous Form 4 filing related to RSU vesting schedules. |
| 2025-09-12 | Date of the reported transaction (disposal of shares). |
| 2025-09-16 | Date the Form 4 was signed by the attorney-in-fact. |
Recommendation
holdThe filing details a routine, non-discretionary disposal of shares by an executive to cover tax liabilities associated with RSU vesting. This type of transaction is common and does not reflect a change in the company's fundamentals, strategic direction, or the executive's long-term outlook. As such, it provides no new information that would warrant a change in an existing investment thesis, leading to a 'hold' recommendation.
Keywords
AvePoint, AVPT, Form 4, Insider Transaction, Stock Disposal, Tax Withholding, RSU, Xunkai Gong
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