AVPT Insider Filing: 2,914 Shares Withheld for Taxes, 556,340 Shares Held
Rhea-AI Filing Summary
Jiang Tianyi, who serves as AvePoint, Inc.'s Chief Executive Officer, Director and a reported 10% owner, reported a transaction on 09/12/2025 involving the company's common stock. The filing shows 2,914 shares were disposed of at a price of $15.61 per share. The Form 4 explains this disposition was an exempt net settlement where the issuer withheld shares to satisfy income tax withholding obligations related to vested restricted stock units (RSUs).
After the transaction, the reporting person is shown as beneficially owning 556,340 shares, which combines non-RSU common stock and aggregate vested and unvested RSUs previously disclosed. The form was signed by an attorney-in-fact on 09/16/2025.
Positive
- Significant continued ownership: Reporting person beneficially owns 556,340 shares including vested and unvested RSUs
- Transaction is administrative/exempt: Disposition resulted from issuer withholding to satisfy tax obligations (net settlement) rather than an open-market sale
Negative
- Shares disposed: 2,914 shares were withheld/disposed at $15.61 per share to cover taxes
Insights
TL;DR: Routine tax-withholding share disposition by a senior executive; maintains substantial ownership.
The Form 4 reports a non-discretionary withholding of 2,914 shares to satisfy tax obligations tied to RSU vesting. Such transactions commonly occur under equity compensation settlement procedures and are described as exempt under Rule 16b-3. The filing also confirms that the reporting person continues to hold a significant aggregate position of 556,340 shares, including both vested and unvested RSUs previously disclosed. From a governance standpoint, this is a standard administrative action and does not reflect a voluntary sale or change in control intent.
TL;DR: Small share withholding for taxes; no material change to beneficial ownership position reported.
The transaction shows 2,914 shares disposed at $15.61 per share via net settlement to cover tax liabilities arising from RSU vesting. The post-transaction beneficial ownership of 556,340 shares remains substantial on its face. The Form 4 contains explicit explanations tying the disposition to withholding obligations rather than an open-market sale, which typically limits investor interpretation to compensation mechanics rather than signaling about company prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,914 | $15.61 | $45K |
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.
