4//SEC Filing
Stahl Ryan 4
Accession 0000950170-25-074699
CIK 0001858257other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 6:59 PM ET
Size
11.9 KB
Accession
0000950170-25-074699
Insider Transaction Report
Form 4
Stahl Ryan
See Remarks
Transactions
- Sale
Common Stock
2025-05-15$9.74/sh−3,168$30,845→ 667,226 total - Exercise/Conversion
Restricted Stock Units
2025-05-15−9,794→ 29,385 total→ Common Stock (9,794 underlying) - Sale
Common Stock
2025-05-15$9.74/sh−2,876$28,002→ 670,394 total - Sale
Common Stock
2025-05-15$9.74/sh−2,955$28,771→ 673,270 total - Exercise/Conversion
Common Stock
2025-05-15+9,794→ 676,225 total
Footnotes (4)
- [F1]Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
- [F2]The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- [F3]This transaction was executed in multiple trades at prices ranging from $9.73 to $9.745. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F4]On March 16, 2022, the reporting person was granted 156,716 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2022.
Documents
Issuer
AvidXchange Holdings, Inc.
CIK 0001858257
Entity typeother
Related Parties
1- filerCIK 0001886733
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 6:59 PM ET
- Size
- 11.9 KB