AVPT Executive Chairman reports 60,000-share sale under 10b5-1 plan

Rhea-AI Filing Summary

AvePoint, Inc. (AVPT) director and Executive Chairman Gong Xunkai reported two scheduled stock sales under a Rule 10b5-1 trading plan adopted on 06/22/2025. On 10/06/2025 he sold 55,833 shares at $15.31, and on 10/07/2025 he sold 4,167 shares at $15.08. After these transactions he is reported to beneficially own 15,100,668 shares held indirectly through several trusts and LLCs for which he serves as trustee or is an affiliate.

The filing notes the sales were effected pursuant to the pre-established trading plan and disclaims direct beneficial ownership of trust and LLC holdings except to the extent of pecuniary interest. The form was signed by an attorney-in-fact on 10/08/2025.

Positive

• Sales executed under a Rule 10b5-1 plan, indicating transactions were prearranged (adopted 06/22/2025)
• Form 4 filed and signed, providing timely, transparent disclosure of insider activity

Negative

• Insider reduced holdings by 60,000 shares across two sales (55,833 and 4,167) at roughly $15.31 and $15.08
• Beneficial ownership is highly concentrated with 15,100,668 shares held indirectly across trusts and LLCs

Insights

Corporate Governance Analyst

Scheduled insider sales via a 10b5-1 plan reduce governance concern if preplanned.

The transactions—55,833 shares at $15.31 on 10/06/2025 and 4,167 shares at $15.08 on 10/07/2025—are explicitly reported as made under a Rule 10b5-1 plan adopted on 06/22/2025, which establishes an affirmative defense against insider trading claims when criteria are met. This structure is commonly used by insiders to provide prearranged liquidity while reducing the appearance of opportunistic timing.

Key dependencies include the plan's terms and implementation dates; any deviation or ad hoc trades outside the plan would change the governance interpretation. Monitor subsequent Form 4 filings for additional plan-based sales or modifications over the next 30–90 days to confirm the plan remains the source of activity.

Insider Holdings Specialist

Large indirect holdings remain concentrated in trusts and LLCs under the reporting person's control.

The report shows total beneficial ownership of 15,100,668 shares held indirectly across named entities, including Giocoso Holdings LLC and multiple trusts for which he is trustee. The filing includes an explicit disclaimer that beneficial ownership is disclaimed except to the extent of pecuniary interest; this is a standard disclosure but confirms concentrated indirect exposure.

Investors may watch for any trustee-authorized distributions or further 10b5-1 plan sales disclosed in upcoming filings that could change the public float or signal shifts in insider liquidity within the next quarter.

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

X

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^*

Gong Xunkai

(Last) (First) (Middle)

C/O AVEPOINT, INC.

525 WASHINGTON BOULEVARD, SUITE 1400

(Street)

JERSEY CITY NJ 07310

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AvePoint, Inc. [ AVPT ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2025

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	10/06/2025		S		55,833(1)	D	$15.31	15,104,835	I	Held by trusts and LLCs
Common Stock	10/07/2025		S		4,167(1)	D	$15.08	15,100,668(2)	I	Held by trusts and LLCs

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. The sale transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 22, 2025.

2. Includes (i) 3,965,953 shares held by Mr. Gong's affiliate Giocoso Holdings LLC, (ii) 459,929 shares held by Mr. Gong's affiliate Cadenza Holdings LLC, (iii) 170,465 shares held by Mr. Gong's affiliate Vivace Holdings LLC, each of which Mr. Gong may be deemed to beneficially own, (iv) 2,011,112 shares held by The Purple Harbor Trust, for which Mr. Gong is the trustee, (v) 2,011,112 shares held by The Purple Cove Trust, for which Mr. Gong is the trustee, and (vi) 6,482,097 shares held by G Sonata Trust, for which Mr. Gong is a trustee. The Reporting Person disclaims beneficial ownership with respect to the shares held by each trust and LLC, except to the extent his pecuniary interest therein and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for the purposes of Section 16 or for any other purpose.

	/s/ Brian Michael Brown, Attorney-in-Fact	10/08/2025
	** 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).
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FAQ

What did AvePoint (AVPT) insider Gong Xunkai sell?

He sold 55,833 shares on 10/06/2025 at $15.31 and 4,167 shares on 10/07/2025 at $15.08.

Were the sales by AVPT's Gong Xunkai part of a 10b5-1 plan?

Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted on 06/22/2025.

How many AVPT shares does Gong Xunkai beneficially own after the reported transactions?

The filing reports 15,100,668 shares beneficially owned following the transactions, held indirectly through trusts and LLCs.

Which entities hold the shares included in Gong Xunkai's reported ownership?

Reported holdings include Giocoso Holdings LLC (3,965,953 shares), Cadenza Holdings LLC (459,929), Vivace Holdings LLC (170,465), The Purple Harbor Trust (2,011,112), The Purple Cove Trust (2,011,112), and G Sonata Trust (6,482,097).

When was the Form 4 signed and filed for AVPT insider activity?

The Form 4 was signed by an attorney-in-fact on 10/08/2025.