Brown Brian Michael 4

What Happened
Brian Michael Brown, AvePoint’s Chief Legal Officer and a company director, was granted 11,107 restricted stock units (RSUs) on 2026-03-05 at a grant value of $11.29 per share (total ~$125,398). On the same date, 12,899 shares were withheld by the issuer to satisfy tax withholding obligations related to the vesting/settlement (reported as a disposition valued at $11.29 per share, ~$145,630).

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (timely within required reporting window).
• Award: 11,107 RSUs @ $11.29 = $125,398 (transaction code A).
• Withholding: 12,899 shares withheld for tax liability @ $11.29 = $145,630 (transaction code F; exempt withholding transaction).
• Shares owned after transaction: not numerically specified in the provided summary; filing notes aggregate holdings include non-RSU common stock and vested/unvested RSUs per prior Form 4s (see footnote F3).
• Footnotes of note:
  • F1: These are RSUs that convert to one share per RSU upon vesting.
  • F2: Additional performance-based RSUs (PRSUs) may be earned later if performance and continued employment conditions are met.
  • F4: The share disposition reflects issuer withholding to cover taxes (a net settlement), not a discretionary open-market sale by the insider.

Context
This was an equity award plus an automatic tax-withholding settlement — a common, administrative insider transaction. The withholding is an exempt, non-discretionary action to satisfy tax obligations and should not be read as an intentional sale signal. The PRSU footnote means Brown could receive more shares later if performance targets are met.