AvePoint Insider Withholding: 10,572 Shares Held for Taxes

Rhea-AI Filing Summary

AvePoint, Inc. director and 10% owner Gong Xunkai reported a non-derivative disposition of 10,572 common shares on 08/29/2025 at a price of $16.36 per share. The filing states this was an exempt transaction where the company withheld shares to satisfy tax withholding obligations related to the net settlement of restricted stock units (RSUs). After the withholding, the reporting person beneficially owned 757,155 shares (including vested and unvested RSUs previously disclosed). The disposition is described as administrative and not a discretionary sale by the reporting person.

Positive

• Transaction is exempt and administrative: The Form 4 specifies the disposition was for tax withholding under Rule 16b-3, indicating routine equity plan processing rather than a voluntary sale.
• Substantial remaining ownership: The reporting person continues to beneficially own 757,155 shares, maintaining meaningful economic interest.

Negative

• Reduction in reported shares: 10,572 shares were disposed of (withheld) which reduces the reporting person’s immediate share count.
• Potential dilution/vesting exposure: Ownership figure includes unvested RSUs, which may subject effective ownership to future vesting conditions.

Insights

Financial Analyst

TL;DR: Routine tax-withholding share disposition of 10,572 shares; no evidence of an active sale for cash or change in control.

The Form 4 shows a disposition coded as exempt under Rule 16b-3, which commonly indicates shares were withheld to cover tax obligations arising from RSU vesting. The transaction price of $16.36 reflects the per-share value used for withholding, and the reporting person still holds a substantial position of 757,155 shares including both vested and unvested RSUs. For investors, this is a routine administrative event and not a signal of a directed liquidity event or change in ownership strategy.

Corporate Governance Expert

TL;DR: Administrative withholding consistent with equity compensation practices; governance implications are minimal.

The explanation clarifies the disposition resulted from net settlement of RSUs to satisfy tax withholding, citing the exemption that permits such actions without constituting a discretionary sale. The filing documents continued material ownership by the reporting person and references prior RSU grant schedules. There are no indications of governance issues, executive departures, or related-party transactions beyond routine equity plan administration.

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

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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).

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

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

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(1)	08/29/2025		F		10,572(2)	D	$16.36	757,155(3)	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. This security represents 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.

2. 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 securities and does not represent a discretionary transaction by the Reporting Person.

3. Includes aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I on a Form 4 filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023, March 7, 2024 and March 18, 2025.

	/s/ Brian Michael Brown, Attorney-in-Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Gong Xunkai report on the AVPT Form 4?

The Form 4 reports a disposition of 10,572 common shares on 08/29/2025 at $16.36 per share due to share withholding to satisfy tax obligations from RSU settlement.

Was the share disposition a voluntary sale by the insider (Gong Xunkai)?

No. The filing states the transaction was an exempt transaction consisting of shares withheld by the issuer to cover tax withholding related to RSU net settlement, not a discretionary sale.

How many AVPT shares does the reporting person own after the transaction?

After the withholding, the reporting person beneficially owned 757,155 shares, which includes both vested and unvested RSUs previously reported.

What does Rule 16b-3 exempt transaction mean in this Form 4?

It means the disposition resulted from company actions to satisfy tax withholding or exercise obligations related to equity awards, which are treated as non-discretionary and exempt under Rule 16b-3.

Does this Form 4 indicate any change in company control or governance?

No. The filing describes a routine tax-withholding transaction tied to RSU settlement and does not disclose any change in control, executive departure, or governance action.