AVPT Insider Filing: Jeff Teper Adds 9.7K Shares via RSU Grant
Rhea-AI Filing Summary
AvePoint, Inc. (AVPT) – Form 4 insider filing
The filing reports that director Jeff Teper received an equity award on 20 June 2025. The grant consists of 9,744 restricted stock units (RSUs), each convertible into one share of common stock upon vesting. The RSUs carry a reference price of $17.96 and will vest 100 % on 1 June 2026, conditional on Teper’s continued service.
Following this award, Teper’s total beneficial ownership increased to 319,305 AVPT shares, held directly. No derivative securities, dispositions, or open-market purchases were disclosed.
The transaction reflects routine board compensation and represents roughly 0.1 % of AvePoint’s 206 million basic shares outstanding (based on latest 10-Q), implying an immaterial dilution impact.
Positive
- Director equity alignment: Grant of 9,744 RSUs ties Jeff Teper’s compensation to long-term share performance, reinforcing governance alignment.
Negative
- Minor dilution: Issuance of new shares, though immaterial (<0.01 % of float), incrementally increases share count.
Insights
TL;DR: Routine RSU grant to director; negligible dilution, modest signal of board alignment; low overall market impact.
The Form 4 shows a standard annual equity grant—9,744 RSUs—to director Jeff Teper at a reference price of $17.96. Post-grant ownership rises to 319,305 shares, indicating continued personal exposure to AvePoint’s share performance. The award vests in a single tranche on 1 June 2026, aligning the director’s incentives with long-term shareholder value.
Because the share count is de minimis relative to AvePoint’s float, dilution is immaterial (<0.01 %). No sales or option exercises were reported, so there is no negative liquidity signal. For investors, the filing is largely administrative and should not alter fundamental or valuation views.
FAQ
How many AvePoint (AVPT) shares did Jeff Teper receive?
What is the vesting schedule for the new AVPT RSUs?
What is Jeff Teper’s total beneficial ownership in AVPT after this transaction?
Was any AVPT stock sold in this Form 4 filing?
Does the RSU grant significantly dilute existing AvePoint shareholders?