|4Feb 6, 4:05 PM ET

Brown Brian Michael 4

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AvePoint (AVPT) CLO Brian Brown Sells 322 Shares for Taxes

What Happened Brian Michael Brown, AvePoint's Chief Legal Officer and a company director, had 322 shares of AvePoint common stock withheld by the company to satisfy tax withholding obligations related to the vesting/net settlement of restricted stock units (RSUs). The reported per-share value was $10.53, for a total disposition value of approximately $3,391. This was not an open-market sale but a withholding to cover taxes.

Key Details

  • Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (no late filing indicated).
  • Disposition: 322 shares withheld at $10.53 per share; total ≈ $3,391.
  • Transaction code: F — tax withholding/payment incident to vesting (exempt under Rule 16b-3).
  • Footnotes: F1 clarifies these were RSUs convertible to common shares on vesting; F2 explains the shares were withheld by the issuer to satisfy income tax withholding and do not reflect a discretionary sale; F3 notes the filing’s aggregate holdings include non-RSU common stock and vested/unvested RSUs (specific post-transaction share totals not provided in this filing).

Context This was a routine tax-withholding/net-settlement event associated with RSU vesting (a common administrative disposition), not an indication of a voluntary open-market sale or purchase. For retail investors, such withholding transactions generally do not signal insider sentiment about the company’s prospects.