Form 4: AvePoint Executive Chairman's Tax-Related Stock Sale
Insider Transaction Report
AvePoint's Executive Chairman, Xunkai Gong, disposed of 10,572 shares of common stock at $16.36 per share to cover tax liabilities from RSU vesting.
Summary
- Xunkai Gong, who serves as Executive Chairman, Director, and a 10% Owner of AvePoint, Inc. (AVPT), reported a transaction involving company stock.
- On August 29, 2025, Mr. Gong disposed of 10,572 shares of AvePoint common stock.
- This disposition was an exempt transaction (Code F) at a price of $16.36 per share.
- The transaction was solely for the purpose of satisfying income tax withholding and remittance obligations related to the net settlement of securities, specifically Restricted Stock Units (RSUs), and was not a discretionary sale by Mr. Gong.
- Following this transaction, Mr. Gong beneficially owns 757,155 shares of AvePoint common stock, which includes both vested and unvested RSUs subject to previously reported vesting schedules.
Sentiment
Score: 5
Explanation: The transaction is a standard, non-discretionary disposition of shares to cover tax liabilities associated with the vesting of equity awards, which is a neutral event for the company's operational or financial performance.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: The disposition of shares for tax withholding is a routine event associated with equity compensation plans and does not indicate a change in the insider's view of the company's prospects. The impact on overall share count is minimal and expected.
- Employees, Customers, Suppliers, Creditors: No direct impact from this specific insider transaction.
Key Dates
| Date | Description |
|---|---|
| 2021-09-03 | Date of a previous Form 4 filing reporting RSU vesting schedules. |
| 2022-03-22 | Date of a previous Form 4 filing reporting RSU vesting schedules. |
| 2023-03-23 | Date of a previous Form 4 filing reporting RSU vesting schedules. |
| 2024-03-07 | Date of a previous Form 4 filing reporting RSU vesting schedules. |
| 2025-03-18 | Date of a previous Form 4 filing reporting RSU vesting schedules. |
| 2025-08-29 | Date of the reported transaction (disposition of shares). |
| 2025-09-02 | Signature date of the Form 4 filing. |
Recommendation
holdThis Form 4 reports a non-discretionary sale of shares by an insider to cover tax obligations related to equity award vesting. Such transactions are routine and do not reflect a change in the insider's investment conviction or the company's fundamental performance. Therefore, it does not provide a basis for altering an existing investment recommendation.
Keywords
AvePoint, AVPT, Xunkai Gong, Form 4, Insider Transaction, Stock Sale, RSU, Restricted Stock Units, Executive Chairman, Director, 10% Owner
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