Avidxchange Holdings, Inc. SEC Filings

AvidXchange Holdings, Inc. (AVDX) director James E. Hausman reported merger-related share dispositions on Form 4 as Arrow Merger Sub 2025, Inc. merged into the company at the Effective Time. Each outstanding share of common stock was automatically converted into the right to receive $10.00 in cash, without interest, under the Merger Agreement.

The filing lists dispositions of 2,131,148 shares of common stock held directly and 720,000 shares held indirectly by the Hausman Family Trust, each reported as disposition transactions tied to the merger. Following these transactions, the reported holdings in both categories were 0 shares.

AvidXchange Holdings, Inc. (AVDX) completed a cash merger, and a company director reported the resulting share conversion on Form 4. On 10/15/2025, 40,276 shares of Common Stock held by the reporting person were disposed of in connection with the merger, as each outstanding share was automatically converted into the right to receive $10.00 in cash at the Effective Time.

Following the transaction, the reporting person beneficially owned 0 shares, held directly. The filing also notes that, at the Effective Time, each outstanding unvested restricted stock unit was converted into a cash award equal to the number of underlying shares multiplied by $10.00, consistent with the merger terms.

AvidXchange Holdings (AVDX) reported an insider transaction tied to its go-private deal. A company director disposed of 84,620 shares of common stock on 10/15/2025 in connection with the closing of the merger, as each share was automatically converted into the right to receive $10.00 in cash. Following the transaction, the reporting person held 0 shares.

The filing also notes that, at the Effective Time, each outstanding restricted stock unit that did not vest on closing was converted into a cash award equal to the number of underlying shares multiplied by $10.00, subject to the original award terms.

AvidXchange Holdings (AVDX) completed its merger with affiliates of TPG, making AvidXchange a wholly owned subsidiary of Arrow Borrower 2025, Inc. Each outstanding share of common stock was converted into the right to receive $10.00 in cash, without interest and subject to withholding.

In connection with closing, AvidXchange entered into new secured credit facilities: a $440.0 million term loan with a seven-year maturity and a $60.0 million revolving credit facility, and repaid and terminated its KeyBank credit facility and two purchase money promissory notes. The company notified Nasdaq of its delisting; trading was suspended on October 15, 2025, and it intends to file Form 15 to terminate registration and suspend reporting obligations.

The board reconstituted as prior directors resigned in connection with the transaction, existing equity plans and the ESPP were terminated at the effective time, and a retention bonus program of approximately $3,000,000 was implemented, including $1,104,000 for Michael Praeger and other named officers as disclosed.

AvidXchange Holdings (AVDX) reported insider transactions tied to the company’s go‑private merger. On 10/15/2025, an officer executed a rollover of 134,652 shares of common stock to Arrow Holdings 2025, Inc., then into Arrow Parent 2025, L.P., receiving new Topco units. The same day, the insider disposed of 550,214 shares of common stock pursuant to the merger terms.

Under the Agreement and Plan of Merger, each outstanding share of AvidXchange common stock was converted into the right to receive $10.00 in cash. Unvested RSUs covering 19,590 shares were converted into a cash award based on the $10.00 consideration. Vested stock options were canceled and converted into cash based on the excess of $10.00 over the exercise price; listed grants included 174,757 options at $8.04 and 127,272 options at $9.00.

AvidXchange Holdings, Inc. insider filed a Form 4 reflecting merger-related conversions on 10/15/2025. In connection with the closing, each outstanding share of common stock was automatically converted into the right to receive $10.00 in cash at the Effective Time.

The reporting person showed a disposition of 491,075 shares of common stock, with beneficial ownership reported as 0 shares following the transaction. Equity awards were treated per the merger terms: unvested restricted stock units were converted into cash awards based on shares times $10.00, vested stock options were canceled and converted into cash equal to the excess of $10.00 over the exercise price, and certain unvested options with exercise prices below $10.00 were converted into cash awards.

The filer is identified as Chief People Officer, Senior Vice President.

AvidXchange Holdings, Inc. (AVDX) — insider Form 4 tied to merger close. A director reported the disposition of 61,213 shares of Common Stock on 10/15/2025 in connection with the closing of a merger in which each outstanding share was automatically converted into the right to receive $10.00 in cash, without interest. Following the transaction, the reporting person beneficially owns 0 shares.

The filing notes that, at the effective time of the merger between AvidXchange and Arrow Borrower 2025, Inc. (via Arrow Merger Sub 2025, Inc.), unvested restricted stock units were converted into a cash award equal to the number of underlying shares multiplied by the $10.00 per share merger consideration, subject to the applicable award terms.

AvidXchange (AVDX) CEO and director Michael Praeger filed a Form 4 reflecting transactions on 10/15/2025 tied to the company’s merger. Under the Agreement and Plan of Merger, each outstanding share of Common Stock was converted into the right to receive $10.00 in cash, without interest. The filing also shows a rollover by the reporting person of certain shares into Arrow Holdings 2025, Inc. and then into Arrow Parent 2025, L.P., in exchange for new equity units, as described in the rollover agreements.

At the Effective Time, unvested RSUs were converted into cash awards based on the number of underlying shares multiplied by $10.00. Vested, in-the-money options were canceled for a cash payment equal to the spread over $10.00, and eligible unvested options were converted into cash awards on similar terms.

AvidXchange Holdings (AVDX) reported insider transactions tied to its merger closing. The filing notes that at the Effective Time, each outstanding share of common stock was converted into the right to receive $10.00 in cash, reflecting the terms of the merger with Arrow Borrower 2025, Inc. and its subsidiary.

Unvested RSUs were converted into cash awards equal to the number of underlying shares multiplied by $10.00. Vested stock options were canceled and converted into cash equal to their intrinsic value, and unvested in-the-money options were converted into cash awards on the same terms and conditions as before. The reporting officer’s beneficial ownership of common stock after the transactions was reported as 0 shares. The derivative table shows 21,767 RSUs and employee stock options covering 32,000, 194,174, and 136,363 shares at exercise prices of $3.785, $8.04, and $9, respectively.