[Form 4] AvidXchange Holdings, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Key take-away: AvidXchange Holdings, Inc. (AVDX) filed a Form 4 on 27-Jun-2025 disclosing that director Oni Chukwu received 18,916 restricted stock units (RSUs) on 26-Jun-2025 under transaction code “A” (award/acquisition). The RSUs were granted at $0.00 cost as part of routine director compensation. Each RSU converts into one common share when vested.

The award will vest on the earlier of (A) the first anniversary of the grant date or (B) the next annual shareholders’ meeting, subject to Mr. Chukwu’s continued board service. After this grant, the director’s direct beneficial ownership increases to 40,276 shares.

Because the grant is non-cash and represents standard equity compensation, it creates minimal dilution (well under 0.1 % of shares outstanding) and does not reflect an open-market buy or sell decision. Nevertheless, the additional equity modestly strengthens board-shareholder alignment by tying compensation to future share performance.

Positive

• 18,916 RSUs granted increase director equity stake, modestly aligning board and shareholder interests.
• No cash outflow or market sale signals; filing indicates continued engagement of the director.

Negative

• Not an open-market purchase; therefore offers little insight into director’s valuation view.
• Minor dilution, though immaterial, slightly increases outstanding share count.

Insights

Equity Research Analyst

TL;DR: Routine RSU grant; neutral impact.

The Form 4 records a typical equity award to outside director Oni Chukwu. No cash changed hands, the transaction code “A” confirms it is a grant, not a market purchase. Post-grant ownership of 40,276 shares is still immaterial relative to AVDX’s float, so signalling power is limited. Dilution is negligible. From a valuation perspective, the filing neither alters earnings outlook nor capital structure in any meaningful way. I classify the news as neutral for the stock.

Corporate Governance Specialist

TL;DR: Standard board compensation aligns interests.

AVDX continues to use RSUs to compensate directors, promoting share ownership without immediate cash cost. Vesting tied to service duration encourages board continuity and shareholder alignment. There are no red flags—no accelerated vesting, no preferential pricing. Governance impact is positive but incremental, and not likely to drive investor behavior on its own.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHUKWU ONI

(Last) (First) (Middle)

C/O AVIDXCHANGE HOLDINGS, INC.

1210 AVIDXCHANGE LANE

(Street)

CHARLOTTE NC 28206

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AvidXchange Holdings, Inc. [ AVDX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
06/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/26/2025		A		18,916(1)	A	$0.00	40,276	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents restricted stock units ("RSUs") which will vest on the first to occur of (A) the first anniversary of the date of grant or (B) the next occurring annual meeting of the Issuer's stockholders, subject to the Reporting Person's continuous service on the board of directors of the Issuer through such vesting date. Each RSU represents a contingent right to receive one share of common stock of the Issuer and the RSUs have no expiration date.

	/s/ Ryan Stahl, Attorney-in-Fact for Oni Chukwu	06/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AVDX director Oni Chukwu report in the latest Form 4?

He was granted 18,916 RSUs on 26-Jun-2025 at $0.00, raising his direct holdings to 40,276 shares.

When will the RSUs granted to Oni Chukwu vest?

The RSUs vest on the earlier of the first anniversary of the grant or the next annual shareholder meeting, subject to continued board service.

Did the transaction involve an open-market buy or sell of AVDX stock?

No. Transaction code "A" indicates an award/acquisition; it is a non-cash equity grant, not a market transaction.

How many AVDX shares does Oni Chukwu own after the grant?

After the RSU award, his direct beneficial ownership totals 40,276 common shares.

Is the Form 4 filing likely to impact AVDX’s share price?

Impact is expected to be minimal; this is routine director compensation with negligible dilution.