Form 4: AvePoint Executive Chairman's Tax Withholding
Insider Transaction Report
AvePoint, Inc. Executive Chairman Xunkai Gong reported a routine disposition of 6,500 shares of common stock for tax withholding purposes related to RSU vesting.
Summary
- Xunkai Gong, Executive Chairman and Director of AvePoint, Inc., reported a transaction on December 19, 2025.
- The transaction involved the disposition of 6,500 shares of AvePoint common stock at a price of $13.94 per share.
- This disposition was an exempt transaction for tax liability, where shares were withheld by AvePoint to cover income tax obligations related to the net settlement of restricted stock units (RSUs).
- This was not a discretionary sale by Mr. Gong.
- Following this transaction, Mr. Gong beneficially owns 753,177 shares, which include common stock and both vested and unvested RSUs.
Sentiment
Score: 5
Explanation: The transaction is a neutral, routine tax withholding event related to executive compensation, with no discretionary buying or selling activity.
Positives
- The transaction is a routine tax withholding, indicating the vesting of previously granted equity awards, which aligns executive compensation with company performance.
Negatives
- No negative aspects are identified as this is a non-discretionary tax withholding event.
Future Outlook
The filing does not contain any forward-looking statements or guidance.
Industry Context
This routine insider transaction for tax purposes is common across industries for executives receiving equity compensation and does not reflect specific industry trends or competitive positioning.
Comparison to Industry Standards
- This is a standard tax withholding event related to RSU vesting, a common practice for executive compensation across publicly traded companies.
- It is not comparable to specific company projects or results.
Stakeholder Impact
- The transaction primarily impacts the reporting person by fulfilling tax obligations on vested equity awards.
- Shareholders are indirectly impacted as the number of shares outstanding remains unchanged by this specific withholding, but the underlying RSU vesting represents a dilution event that occurred previously.
Key Dates
| Date | Description |
|---|---|
| 2021-09-03 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 2022-03-22 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 2023-03-23 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 2024-03-07 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 2025-03-18 | Date of a previously filed Form 4 regarding RSU vesting schedules. |
| 2025-12-19 | Date of the reported transaction (disposition of shares for tax withholding). |
| 2025-12-23 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
AvePoint, AVPT, Form 4, insider transaction, stock withholding, restricted stock units, RSU, executive compensation, Xunkai Gong, beneficial ownership
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