[Form 4] AvidXchange Holdings, Inc. Insider Trading Activity
Rhea-AI Filing Summary
AvidXchange Holdings insider filing (Form 4) shows Angelic Gibson, listed as Chief Information Officer and Senior Vice President, reported transactions dated 08/15/2025. 10,883 restricted stock units vested and converted into common stock on a one-for-one basis. On the same date Gibson disposed of 4,756 shares, 4,462 shares, and 5,899 shares at a reported price of $9.90 per share. The filing lists beneficial ownership counts after each transaction sequence: 731,153, 726,397, 721,935, and 716,036 shares respectively. The RSU grant disclosed was originally 174,129 units awarded on March 16, 2022, with a standard vesting schedule. The form is signed by an attorney-in-fact on 08/19/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider reported RSU vesting and sales; disclosure is routine and shows decreasing beneficial ownership.
The filing documents a scheduled vesting event where 10,883 restricted stock units converted into common shares and subsequent open-market dispositions totaling 15,117 shares at $9.90 each on 08/15/2025. Ownership totals are shown after each transaction step, moving from 731,153 down to 716,036 shares. The RSU award referenced (174,129 units granted 03/16/2022) follows a multi-period vesting schedule. From a compliance and market-impact perspective, this appears to be an ordinary insider vest-and-sell sequence rather than an extraordinary corporate event.
TL;DR: Filing reflects standard executive compensation vesting and reported sales; documentation and signature are in order.
The report identifies the reporting person as an officer (Chief Information Officer, Senior Vice President) and includes an attorney-in-fact signature dated 08/19/2025. It discloses the conversion mechanics of RSUs and references the original grant terms. All material elements required on Form 4—transaction codes, quantities, prices, post-transaction holdings, and explanatory notes about RSU conversion—are present, indicating proper regulatory disclosure.