AvePoint CFO RSU Tax-Withholding Reduces Shares to 668,493
Rhea-AI Filing Summary
AvePoint, Inc. (AVPT) Chief Financial Officer Caci James reported a tax-withholding disposition of company shares tied to RSU vesting. The Form 4 shows a disposition of 6,120 common shares on 09/12/2025 at a price of $15.61 per share, described as withholding to satisfy income tax obligations related to net settlement of restricted stock units. After the transaction the reporting person beneficially owns 668,493 shares, which includes both non-RSU common stock and aggregate vested and unvested RSUs held under previously disclosed vesting schedules. The filing is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Timely disclosure of the insider transaction on Form 4 showing compliance with reporting requirements
- Substantial remaining beneficial ownership reported at 668,493 shares, indicating continued insider stake
Negative
- Disposition of 6,120 shares (withheld for taxes) reduced the reporting person's share count
Insights
TL;DR: Routine RSU net-settlement tax withholding by the CFO; disclosure confirms continued sizable ownership.
The Form 4 documents a common and routine exempt transaction: 6,120 shares were withheld at $15.61 to satisfy tax-withholding obligations arising from RSU vesting. Because this was a withholding to cover taxes (per the filing), it is not a discretionary sale and therefore has limited information about intent. The filing reports total beneficial ownership of 668,493 shares, combining non-RSU stock and both vested and unvested RSUs previously reported. For investors, the transaction is operational (tax-related) rather than a signal of active selling; materiality is low but the disclosed ownership level remains relevant for insider alignment.
TL;DR: Proper Form 4 disclosure of RSU withholding shows compliance; no governance red flags in the filing.
The Form 4 explains the disposition as an exempt transaction under Rule 16b-3 where shares are withheld to satisfy tax liabilities on RSU vesting. The filing cites prior Form 4s that established vesting schedules, indicating consistent reporting. The signature by an attorney-in-fact is noted and the transaction date and price are provided. This is a routine insider reporting event reflecting compensation settlement and appropriate SEC disclosure practices rather than a governance concern.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 6,120 | $15.61 | $96K |
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.
