Form 4: AvePoint Executive Chairman Sells Shares Under 10b5-1 Plan

AvePoint's Executive Chairman, Xunkai Gong, sold 60,000 shares of common stock in early October 2025 through a pre-arranged Rule 10b5-1 trading plan.

Summary

• Xunkai Gong, Executive Chairman, Director, and 10% Owner of AvePoint, Inc. (AVPT), reported sales of common stock.
• A total of 60,000 shares of AvePoint common stock were sold over two separate transactions.
• On October 6, 2025, 55,833 shares were sold at a price of $15.31 per share.
• On October 7, 2025, an additional 4,167 shares were sold at a price of $15.08 per share.
• These sales were executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Gong on June 22, 2025.
• Following these transactions, Mr. Gong beneficially owns 15,100,668 shares, held indirectly through various trusts and LLCs.

Sentiment

Score: 5

Explanation: The insider sales were conducted under a pre-arranged Rule 10b5-1 trading plan, which typically indicates a systematic approach to liquidity or personal financial planning rather than a reaction to adverse company news. This mitigates the negative signal often associated with insider selling, resulting in a neutral sentiment.

Negatives

• Executive Chairman Xunkai Gong sold 60,000 shares of AvePoint common stock.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: May interpret the insider sales as a routine liquidity event due to the Rule 10b5-1 plan, rather than a signal of declining company prospects.

Key Dates

Recommendation

The insider sales were conducted under a pre-arranged Rule 10b5-1 trading plan, indicating a systematic approach to liquidity rather than a reaction to new material information. While insider sales can sometimes be a negative signal, the pre-planned nature suggests it's for personal financial management and does not necessarily reflect a change in the company's fundamental outlook. Therefore, a 'hold' recommendation is appropriate based solely on this filing, awaiting further fundamental company updates.

Keywords

AvePoint, AVPT, Xunkai Gong, Insider Transaction, Form 4, Stock Sale, Rule 10b5-1, Beneficial Ownership