AvePoint (AVPT) Insider Exercise: 30,000 Shares Acquired, Tax Withholding Reported
Rhea-AI Filing Summary
AvePoint, Inc. (AVPT) Form 4 summary: The company’s Chief Legal Officer and director, Brian Michael Brown, reported two transactions in September 2025. On 09/19/2025 he had 1,547 shares disposed at $15.67 each, identified as withholding of shares to satisfy tax obligations upon vesting. On 09/22/2025 he reported a 30,000-share acquisition tied to the exercise of stock options (exercise price $1.3357) with a reported price of $15.75. Following these transactions, the filing shows 668,741 shares of common stock directly held and an aggregate beneficial ownership of 2,286,102 shares (including derivative securities and RSUs).
Positive
- 30,000-share option exercise completed on 09/22/2025 under the 2016 Equity Incentive Plan
- Substantial aggregate beneficial ownership reported: 2,286,102 shares (includes common stock and derivative securities)
Negative
- 1,547 shares disposed on 09/19/2025 via withholding to satisfy tax obligations
- No cash proceeds or open-market sales disclosed beyond tax-withholding share disposition
Insights
TL;DR: Routine insider option exercise and tax withholding; no material change in control.
The Form 4 discloses a non-discretionary tax withholding of 1,547 common shares and the exercise-related acquisition of 30,000 shares via stock options with a $1.3357 exercise price executed on 09/22/2025. These are routine Section 16 transactions tied to equity compensation plans. The reporting person retains substantial direct and indirect holdings (2,286,102 shares aggregate), indicating ongoing insider ownership but the filing does not disclose any sales for cash proceeds beyond withholding for taxes.
TL;DR: Disclosure aligns with Rule 16 reporting; transactions appear to result from equity plan mechanics.
The filing clearly states the withheld shares were used to satisfy tax withholding obligations under Rule 16b-3 and that the 30,000-share acquisition was from exercised options granted under the company’s 2016 plan. The Form 4 lists the filer as both an officer (Chief Legal Officer) and director, and provides vesting/plan references for RSUs and options previously reported. No amendments or corrections are indicated and signatures are present, meeting basic governance disclosure requirements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 30,000 | $0.00 | -- |
| Exercise | Common Stock | 30,000 | $15.75 | $473K |
| Tax Withholding | Common Stock | 1,547 | $15.67 | $24K |
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. This security represents options to purchase the Issuer's common stock granted to the Reporting Person under the Issuer's 2016 Equity Incentive Plan that have been exercised. 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.
