STOCK TITAN

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

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Insider activity overview – AvidXchange Holdings (AVDX)

Director Lance F. Drummond filed a Form 4 reporting the grant of 18,916 restricted stock units (RSUs) on 06/26/2025. The RSUs were awarded at $0.00 cost as part of equity compensation and will vest on the earlier of (A) the first anniversary of the grant date or (B) the company’s next annual shareholder meeting, provided the director remains on the board through that date. Each RSU converts into one share of AVDX common stock and carries no expiration.

Following the grant, Drummond’s direct beneficial ownership increases to 82,120 common shares. No shares were sold, and no derivative securities were exercised or disposed of. The filing, dated 06/27/2025, was submitted individually by the reporting person, and no Rule 10b5-1 plan usage is indicated in the disclosure.

Overall, the transaction appears to be a routine, non-cash equity award aligned with standard director compensation practices and does not, on its face, signal a change in the company’s strategic or financial outlook.

Panoramica sull'attività degli insider – AvidXchange Holdings (AVDX)

Il direttore Lance F. Drummond ha presentato un Modulo 4 segnalando la concessione di 18.916 unità azionarie vincolate (RSU) il 26/06/2025. Le RSU sono state assegnate a costo nullo ($0,00) come parte della retribuzione azionaria e matureranno al verificarsi del primo tra (A) il primo anniversario della data di assegnazione o (B) la prossima assemblea annuale degli azionisti, a condizione che il direttore rimanga nel consiglio fino a tale data. Ogni RSU si converte in un'azione ordinaria AVDX e non ha scadenza.

A seguito della concessione, la posizione diretta di Drummond aumenta a 82.120 azioni ordinarie. Non sono state vendute azioni né sono stati esercitati o ceduti titoli derivati. La comunicazione, datata 27/06/2025, è stata presentata individualmente dalla persona segnalante e non indica l'utilizzo di un piano secondo la Regola 10b5-1.

Nel complesso, l'operazione sembra essere un consueto premio azionario non in denaro, conforme alle pratiche standard di compenso dei direttori, e non suggerisce, a prima vista, un cambiamento nella strategia o nella situazione finanziaria della società.

Resumen de la actividad de insiders – AvidXchange Holdings (AVDX)

El director Lance F. Drummond presentó un Formulario 4 reportando la concesión de 18,916 unidades restringidas de acciones (RSUs) el 26/06/2025. Las RSUs fueron otorgadas a un costo de $0.00 como parte de la compensación en acciones y se consolidarán al primero que ocurra de (A) el primer aniversario de la fecha de concesión o (B) la próxima junta anual de accionistas, siempre que el director permanezca en la junta hasta esa fecha. Cada RSU se convierte en una acción común de AVDX y no tiene fecha de vencimiento.

Tras la concesión, la propiedad directa beneficiosa de Drummond aumenta a 82,120 acciones comunes. No se vendieron acciones ni se ejercieron o dispusieron valores derivados. La presentación, fechada el 27/06/2025, fue realizada individualmente por la persona que reporta y no indica el uso de un plan bajo la Regla 10b5-1.

En general, la transacción parece ser una concesión rutinaria de acciones no monetaria, alineada con las prácticas estándar de compensación de directores, y no indica, a simple vista, un cambio en la estrategia o situación financiera de la empresa.

내부자 활동 개요 – AvidXchange Holdings (AVDX)

이사 Lance F. Drummond는 2025년 6월 26일에 18,916개의 제한 주식 단위(RSU) 부여를 보고하는 Form 4를 제출했습니다. RSU는 비용 $0.00으로 주식 보상 일부로 지급되었으며, (A) 부여일로부터 1주년 또는 (B) 회사의 다음 연례 주주총회 중 먼저 도래하는 시점에 이사가 이사회에 남아 있는 경우에 베스팅됩니다. 각 RSU는 AVDX 보통주 1주로 전환되며 만료일이 없습니다.

부여 후 Drummond의 직접 실질 소유 주식 수는 82,120주로 증가했습니다. 주식 매도나 파생증권 행사 또는 처분은 없었습니다. 2025년 6월 27일자로 제출된 이 보고서는 보고자가 개별적으로 제출했으며, Rule 10b5-1 계획 사용은 공개되지 않았습니다.

전반적으로 이번 거래는 표준 이사 보상 관행에 부합하는 일상적인 비현금 주식 보상으로 보이며, 회사의 전략적 또는 재무 전망에 변화가 있음을 나타내지 않습니다.

Vue d'ensemble de l'activité des initiés – AvidXchange Holdings (AVDX)

Le directeur Lance F. Drummond a déposé un formulaire 4 signalant l'octroi de 18 916 unités d'actions restreintes (RSU) le 26/06/2025. Les RSU ont été attribuées à un coût de 0,00 $ dans le cadre de la rémunération en actions et seront acquises au premier des deux événements suivants : (A) le premier anniversaire de la date d'octroi ou (B) la prochaine assemblée annuelle des actionnaires, à condition que le directeur reste au conseil jusqu'à cette date. Chaque RSU se convertit en une action ordinaire AVDX et n'expire pas.

Suite à cette attribution, la possession directe bénéficiaire de Drummond augmente à 82 120 actions ordinaires. Aucune action n'a été vendue, ni aucun titre dérivé exercé ou cédé. Le dépôt, daté du 27/06/2025, a été soumis individuellement par la personne déclarant, sans indication d'utilisation d'un plan selon la règle 10b5-1.

Dans l'ensemble, la transaction semble être une attribution d'actions non monétaire de routine, conforme aux pratiques standard de rémunération des administrateurs, et ne signale pas, de prime abord, un changement dans la stratégie ou les perspectives financières de la société.

Übersicht der Insider-Aktivitäten – AvidXchange Holdings (AVDX)

Direktor Lance F. Drummond reichte am 26.06.2025 ein Formular 4 ein, in dem die Gewährung von 18.916 Restricted Stock Units (RSUs) gemeldet wurde. Die RSUs wurden als Teil der Aktienvergütung zu Kosten von 0,00 $ gewährt und werden entweder am ersten Jahrestag des Gewährungsdatums oder auf der nächsten jährlichen Hauptversammlung des Unternehmens fällig, vorausgesetzt, der Direktor bleibt bis zu diesem Datum im Vorstand. Jede RSU wandelt sich in eine Aktie der AVDX-Stammaktien um und verfällt nicht.

Nach der Gewährung erhöht sich Drummonds direkter wirtschaftlicher Besitz auf 82.120 Stammaktien. Es wurden keine Aktien verkauft und keine derivativen Wertpapiere ausgeübt oder veräußert. Die Meldung, datiert auf den 27.06.2025, wurde individuell vom meldenden Insider eingereicht, und es wird keine Nutzung eines Rule 10b5-1-Plans angegeben.

Insgesamt scheint es sich um eine routinemäßige, nicht zahlungswirksame Aktienauszeichnung zu handeln, die mit den üblichen Vergütungspraktiken für Direktoren übereinstimmt und auf den ersten Blick keine Änderung der strategischen oder finanziellen Aussichten des Unternehmens signalisiert.

Positive
  • None.
Negative
  • None.

Insights

TL;DR – Routine RSU grant; neutral for valuation.

The filing shows a standard board compensation grant of 18,916 RSUs to Director Lance Drummond with no cash outlay and no share sales. The increase to 82,120 directly held shares modestly aligns director incentives with shareholders but is immaterial to float and earnings per share. Because it neither alters capital structure nor signals insider buying with personal funds, I view the disclosure as neutral to AVDX’s investment thesis and stock price.

Panoramica sull'attività degli insider – AvidXchange Holdings (AVDX)

Il direttore Lance F. Drummond ha presentato un Modulo 4 segnalando la concessione di 18.916 unità azionarie vincolate (RSU) il 26/06/2025. Le RSU sono state assegnate a costo nullo ($0,00) come parte della retribuzione azionaria e matureranno al verificarsi del primo tra (A) il primo anniversario della data di assegnazione o (B) la prossima assemblea annuale degli azionisti, a condizione che il direttore rimanga nel consiglio fino a tale data. Ogni RSU si converte in un'azione ordinaria AVDX e non ha scadenza.

A seguito della concessione, la posizione diretta di Drummond aumenta a 82.120 azioni ordinarie. Non sono state vendute azioni né sono stati esercitati o ceduti titoli derivati. La comunicazione, datata 27/06/2025, è stata presentata individualmente dalla persona segnalante e non indica l'utilizzo di un piano secondo la Regola 10b5-1.

Nel complesso, l'operazione sembra essere un consueto premio azionario non in denaro, conforme alle pratiche standard di compenso dei direttori, e non suggerisce, a prima vista, un cambiamento nella strategia o nella situazione finanziaria della società.

Resumen de la actividad de insiders – AvidXchange Holdings (AVDX)

El director Lance F. Drummond presentó un Formulario 4 reportando la concesión de 18,916 unidades restringidas de acciones (RSUs) el 26/06/2025. Las RSUs fueron otorgadas a un costo de $0.00 como parte de la compensación en acciones y se consolidarán al primero que ocurra de (A) el primer aniversario de la fecha de concesión o (B) la próxima junta anual de accionistas, siempre que el director permanezca en la junta hasta esa fecha. Cada RSU se convierte en una acción común de AVDX y no tiene fecha de vencimiento.

Tras la concesión, la propiedad directa beneficiosa de Drummond aumenta a 82,120 acciones comunes. No se vendieron acciones ni se ejercieron o dispusieron valores derivados. La presentación, fechada el 27/06/2025, fue realizada individualmente por la persona que reporta y no indica el uso de un plan bajo la Regla 10b5-1.

En general, la transacción parece ser una concesión rutinaria de acciones no monetaria, alineada con las prácticas estándar de compensación de directores, y no indica, a simple vista, un cambio en la estrategia o situación financiera de la empresa.

내부자 활동 개요 – AvidXchange Holdings (AVDX)

이사 Lance F. Drummond는 2025년 6월 26일에 18,916개의 제한 주식 단위(RSU) 부여를 보고하는 Form 4를 제출했습니다. RSU는 비용 $0.00으로 주식 보상 일부로 지급되었으며, (A) 부여일로부터 1주년 또는 (B) 회사의 다음 연례 주주총회 중 먼저 도래하는 시점에 이사가 이사회에 남아 있는 경우에 베스팅됩니다. 각 RSU는 AVDX 보통주 1주로 전환되며 만료일이 없습니다.

부여 후 Drummond의 직접 실질 소유 주식 수는 82,120주로 증가했습니다. 주식 매도나 파생증권 행사 또는 처분은 없었습니다. 2025년 6월 27일자로 제출된 이 보고서는 보고자가 개별적으로 제출했으며, Rule 10b5-1 계획 사용은 공개되지 않았습니다.

전반적으로 이번 거래는 표준 이사 보상 관행에 부합하는 일상적인 비현금 주식 보상으로 보이며, 회사의 전략적 또는 재무 전망에 변화가 있음을 나타내지 않습니다.

Vue d'ensemble de l'activité des initiés – AvidXchange Holdings (AVDX)

Le directeur Lance F. Drummond a déposé un formulaire 4 signalant l'octroi de 18 916 unités d'actions restreintes (RSU) le 26/06/2025. Les RSU ont été attribuées à un coût de 0,00 $ dans le cadre de la rémunération en actions et seront acquises au premier des deux événements suivants : (A) le premier anniversaire de la date d'octroi ou (B) la prochaine assemblée annuelle des actionnaires, à condition que le directeur reste au conseil jusqu'à cette date. Chaque RSU se convertit en une action ordinaire AVDX et n'expire pas.

Suite à cette attribution, la possession directe bénéficiaire de Drummond augmente à 82 120 actions ordinaires. Aucune action n'a été vendue, ni aucun titre dérivé exercé ou cédé. Le dépôt, daté du 27/06/2025, a été soumis individuellement par la personne déclarant, sans indication d'utilisation d'un plan selon la règle 10b5-1.

Dans l'ensemble, la transaction semble être une attribution d'actions non monétaire de routine, conforme aux pratiques standard de rémunération des administrateurs, et ne signale pas, de prime abord, un changement dans la stratégie ou les perspectives financières de la société.

Übersicht der Insider-Aktivitäten – AvidXchange Holdings (AVDX)

Direktor Lance F. Drummond reichte am 26.06.2025 ein Formular 4 ein, in dem die Gewährung von 18.916 Restricted Stock Units (RSUs) gemeldet wurde. Die RSUs wurden als Teil der Aktienvergütung zu Kosten von 0,00 $ gewährt und werden entweder am ersten Jahrestag des Gewährungsdatums oder auf der nächsten jährlichen Hauptversammlung des Unternehmens fällig, vorausgesetzt, der Direktor bleibt bis zu diesem Datum im Vorstand. Jede RSU wandelt sich in eine Aktie der AVDX-Stammaktien um und verfällt nicht.

Nach der Gewährung erhöht sich Drummonds direkter wirtschaftlicher Besitz auf 82.120 Stammaktien. Es wurden keine Aktien verkauft und keine derivativen Wertpapiere ausgeübt oder veräußert. Die Meldung, datiert auf den 27.06.2025, wurde individuell vom meldenden Insider eingereicht, und es wird keine Nutzung eines Rule 10b5-1-Plans angegeben.

Insgesamt scheint es sich um eine routinemäßige, nicht zahlungswirksame Aktienauszeichnung zu handeln, die mit den üblichen Vergütungspraktiken für Direktoren übereinstimmt und auf den ersten Blick keine Änderung der strategischen oder finanziellen Aussichten des Unternehmens signalisiert.

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*
Drummond Lance F.

(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 82,120 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 Lance Drummond 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

How many AVDX restricted stock units did Director Lance F. Drummond receive?

He received 18,916 RSUs on 06/26/2025.

When will the newly granted RSUs to Drummond vest?

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

What is Drummond’s total AVDX share ownership after the transaction?

After the grant he beneficially owns 82,120 common shares directly.

Did the Form 4 report any sale of AVDX shares?

No. The filing reports only an award of RSUs; there were no disposals or sales.

Was a Rule 10b5-1 trading plan disclosed in this Form 4?

The form provides a checkbox for 10b5-1 transactions, but no indication was given that the grant was made under such a plan.
Avidxchange Holdings, Inc.

NASDAQ:AVDX

AVDX Rankings

AVDX Latest News

AVDX Latest SEC Filings

AVDX Stock Data

2.02B
175.05M
16.33%
78.16%
2.73%
Software - Infrastructure
Services-prepackaged Software
Link
United States
CHARLOTTE