AvePoint CFO RSU Tax-Withholding: 3,957 Shares Withheld; 667,833 Owned
Rhea-AI Filing Summary
Caci James, Chief Financial Officer of AvePoint, Inc. (AVPT), reported a Section 16 Form 4 disclosing a non-discretionary share disposition on 09/05/2025. The filing shows 3,957 shares of common stock were disposed of at a price of $16.27 per share as an exempt transaction where shares were withheld to satisfy tax withholding related to the net settlement of restricted stock units (RSUs). After the withholding, the reporting person beneficially owns 667,833 shares, which includes both non-RSU common stock and aggregate vested and unvested RSUs subject to previously reported vesting schedules. The Form 4 was signed by an attorney-in-fact on 09/09/2025.
Positive
- Reporting person retains substantial beneficial ownership of 667,833 shares, indicating continued equity stake in AVPT
- Disposition is an exempt, non-discretionary tax withholding related to RSU net settlement rather than an open-market sale
Negative
- 3,957 shares were disposed of (withheld) to satisfy tax obligations at an effective price of $16.27 per share
Insights
TL;DR: Routine tax-withholding disposition of RSUs by the CFO; maintains a sizable beneficial holding.
The transaction is recorded as an exempt disposition where 3,957 shares were withheld to cover tax liabilities arising from RSU net settlement. This is a procedural, non-discretionary action consistent with equity compensation administration and Rule 16b-3 exemptions. The remaining beneficial ownership of 667,833 shares is disclosed and includes both vested and unvested RSUs previously reported. No new grants, exercises, or discretionary sales are shown.
TL;DR: No material change to ownership structure; the filing documents routine withholding at $16.27 per share.
The reported price of $16.27 reflects the value associated with the withheld shares for tax purposes on 09/05/2025. Because the filing characterizes the transfer as an exempt withholding incident to RSU settlement, it does not indicate an active sale by the officer. The disclosure quantifies total beneficial holdings at 667,833 shares, which investors can use to track insider exposure but does not itself signal a change in control or major shift in insider intent.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,957 | $16.27 | $64K |
Footnotes (1)
- This security represents the Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. Exempt transaction consisting of the payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. The shares reported as disposed of in this Form 4 represent the number of shares of the Issuer's common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the RSUs and does not represent a discretionary transaction by the Reporting Person. Includes non-RSU common stock as well as aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I of Form 4s filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023, March 7, 2024, and March 18, 2025.
