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 6,500 common shares to cover tax obligations related to RSU vesting.
Summary
- Gong Xunkai, Executive Chairman and Director of AvePoint, Inc. (AVPT), reported a transaction on September 19, 2025.
- The transaction involved the disposal of 6,500 shares of AvePoint common stock at a price of $15.67 per share.
- This disposal was an exempt transaction, specifically for the payment of income tax withholding and remittance obligations incident to the net settlement and vesting of Restricted Stock Units (RSUs).
- The transaction was not a discretionary sale by Mr. Gong.
- Following this transaction, Mr. Gong beneficially owns 763,702 shares of AvePoint, Inc. common stock, which includes both non-RSU common stock and aggregate vested and unvested RSUs.
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary stock disposal by an insider to cover tax liabilities associated with RSU vesting, which is a neutral event and does not reflect a change in sentiment towards the company.
Future Outlook
This Form 4 filing, which reports an insider transaction, does not contain any forward-looking statements or guidance regarding the company's future performance or strategic direction.
Industry Context
Insider transaction reports (Form 4s) are routine disclosures for publicly traded companies, detailing changes in beneficial ownership by directors, officers, and significant shareholders. This specific filing reflects a common practice where executives use a portion of their vested equity awards to cover tax obligations, rather than a discretionary sale based on market sentiment.
Related Party Transactions
- The disposal of 6,500 common shares by Executive Chairman Gong Xunkai to AvePoint, Inc. to satisfy tax withholding obligations related to RSU vesting constitutes a related party transaction.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in insider confidence.
- Company: The company facilitates the tax withholding process for its executive, which is a standard administrative function related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 09/03/2021 | Date of a previous Form 4 filing mentioned for RSU vesting schedules. |
| 03/22/2022 | Date of a previous Form 4 filing mentioned for RSU vesting schedules. |
| 03/23/2023 | Date of a previous Form 4 filing mentioned for RSU vesting schedules. |
| 03/07/2024 | Date of a previous Form 4 filing mentioned for RSU vesting schedules. |
| 03/18/2025 | Date of a previous Form 4 filing mentioned for RSU vesting schedules. |
| 09/19/2025 | Date of the earliest transaction reported in this filing. |
| 09/23/2025 | Signature date of the reporting person's attorney-in-fact. |
Recommendation
holdThe transaction reported is a non-discretionary disposal of shares by an executive to satisfy tax withholding obligations upon the vesting of Restricted Stock Units (RSUs). This is a common and expected event for executives receiving equity compensation and does not indicate a change in the executive's confidence in the company or its future prospects. Therefore, it does not provide a basis for altering an existing investment recommendation.
Keywords
AvePoint, AVPT, Form 4, insider transaction, stock disposal, RSU, restricted stock units, tax withholding, executive chairman, Gong Xunkai
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