Form 4: AvePoint Executive Chairman Sells 60,000 Shares

AvePoint's Executive Chairman, Xunkai Gong, reported sales of common stock totaling 60,000 shares under a pre-arranged 10b5-1 trading plan.

Summary

• Xunkai Gong, Executive Chairman and Director of AvePoint, Inc. (AVPT), reported the sale of 60,000 shares of common stock.
• The sales were executed in two separate transactions on December 8, 2025, and December 9, 2025.
• On December 8, 2025, 49,535 shares were sold at a price of $13.46 per share.
• On December 9, 2025, an additional 10,465 shares were sold at a price of $13.38 per share.
• These transactions were conducted pursuant to a Rule 10b5-1 trading plan adopted by Mr. Gong on June 22, 2025.
• Following these transactions, Mr. Gong beneficially owns 14,980,668 shares of common stock indirectly through various trusts and LLCs.

Sentiment

Score: 5

Explanation: The filing reports pre-scheduled insider sales under a 10b5-1 plan, which is a neutral event as it indicates planned diversification or liquidity rather than a reaction to new information.

Negatives

• Insider selling, even if pre-planned, can sometimes be perceived negatively by the market as it reduces the insider's direct stake in the company.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Xunkai Gong's beneficial ownership includes shares held by Giocoso Holdings LLC, Cadenza Holdings LLC, Vivace Holdings LLC, The Purple Harbor Trust, The Purple Cove Trust, and G Sonata Trust. Mr. Gong disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.

Stakeholder Impact

• Shareholders may view the insider sale as a minor reduction in management's direct stake, though the pre-planned nature mitigates concerns about immediate negative sentiment.

Key Dates

Recommendation

The reported insider sales were conducted under a pre-arranged 10b5-1 trading plan, indicating a planned liquidity event rather than a reaction to new material information. This type of transaction is generally considered neutral and does not typically warrant a change in investment recommendation based solely on this filing.

Keywords

AvePoint, AVPT, Insider Trading, Form 4, Stock Sale, Executive Chairman, Xunkai Gong, 10b5-1 Plan, Beneficial Ownership