AVPT Insider Filing: Jiang Tianyi RSU Withholding Reduces Shares by 4,706
Rhea-AI Filing Summary
Jiang Tianyi, who serves as Chief Executive Officer and a director of AvePoint, Inc. (AVPT), reported a transaction on 09/19/2025 in which 4,706 shares of common stock were disposed of at $15.67 per share. The filing states this disposition was an exempt, non-discretionary transaction consisting of shares withheld by the company to satisfy income tax withholding obligations related to the net settlement of vested restricted stock units (RSUs). After the withholding, the reporting person beneficially owned 551,634 shares, which includes both non-RSU common stock and vested and unvested RSUs previously reported. The transaction was signed by an attorney-in-fact on 09/23/2025.
Positive
- Transaction was non-discretionary and exempt, reflecting tax withholding rather than a voluntary sale
- Reporting person retains significant ownership with 551,634 shares after the withholding, maintaining alignment with shareholders
- Filing includes clear explanations that link the shares withheld to RSU net settlement and prior Form 4 disclosures
Negative
- 4,706 shares were disposed (withheld) which reduces the reporting person's total share count by that amount
Insights
TL;DR: Routine tax-withholding of vested RSUs resulted in a small, non-discretionary disposal; remaining ownership remains substantial.
The Form 4 shows a common insider housekeeping transaction rather than an open-market sale: 4,706 shares were withheld at $15.67 to cover tax liabilities upon RSU vesting. Such withholdings are exempt under Rule 16b-3 and typically do not signal a change in insider sentiment. The reporting person still holds 551,634 shares in aggregate, preserving meaningful alignment with shareholders. No derivative transactions or additional discretionary dispositions are reported.
TL;DR: Disclosure is consistent with standard equity compensation administration and complies with Section 16 reporting requirements.
The filing identifies Jiang Tianyi as both CEO and director and documents company action to withhold shares for tax remittance on vested RSUs. The explanation clarifies the withholding was not a voluntary sale by the insider. The Form 4 appears complete for the reported event, including beneficial ownership after the transaction and prior RSU grant references. There are no indications of accelerated vesting, option exercises, or other governance concerns in this filing.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,706 | $15.67 | $74K |
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 securities 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.
