AvePoint CEO Donates $425K in Stock to Cornell University in Planned Gift Series
AvePoint CEO and Director Tianyi Jiang has reported a charitable gift transaction of 22,300 shares at $19.08 per share to Cornell University on June 24, 2025.
Rhea-AI Filing Summary
AvePoint CEO and Director Tianyi Jiang has reported a charitable gift transaction of 22,300 shares at $19.08 per share to Cornell University on June 24, 2025. This represents the second installment of a five-part charitable giving commitment extending through June 2028, with each annual gift valued at minimum $400,000.
Following the transaction, Jiang maintains beneficial ownership of 566,908 shares, held directly. This position includes both common stock and restricted stock units (RSUs) granted under the company's 2021 Equity Incentive Plan, subject to previously reported vesting schedules.
Key transaction details:
- Transaction Type: Charitable Gift (Code G)
- Reporting Person's Role: CEO, Director, and 10% Owner
- Gift Commitment: Part of planned annual donations through 2028
- Securities Type: Common Stock and RSUs
Positive
- CEO's charitable gift commitment to Cornell University demonstrates strong corporate social responsibility and leadership stability, with planned annual donations through 2028
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 22,300 | $19.08 | $425K |
Footnotes (3)
- F1. 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.
- F2. Exempt transaction consisting of a charitable gift to Cornell University (the "Gift") and which involves no payment of consideration by the recipient. The Gift is the second of five to be gifted annually through June 30, 2028, with each installment in an amount not less than $400,000.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What is the current stock ownership of AVPT's CEO Tianyi Jiang after the June 2025 transaction?
What positions does Tianyi Jiang hold at AVPT according to the June 2025 Form 4?
What is AVPT CEO's planned donation schedule to Cornell University?
AI-generated analysis. How Rhea-AI works. Not financial advice.