Caci James 4

What Happened
Caci James, Chief Financial Officer of AvePoint (AVPT), received an award of 17,775 restricted stock units (RSUs) on 2026-03-05 valued at $11.29 each (total ≈ $200,680). On the same date, 18,005 shares were withheld by the issuer to satisfy income tax withholding and remittance obligations related to the net settlement of the award; those withheld shares are reported as a disposition with a notional value of $11.29 per share (≈ $203,276). The award is an acquisition (code A) and the withholding is an exempt tax-withholding disposition (code F) under Rule 16b-3.

Key Details

• Transaction date: 2026-03-05; per-share price used: $11.29.
• Award: 17,775 RSUs acquired for a total of $200,680.
• Withholding: 18,005 shares withheld (disposed) to cover taxes, total ≈ $203,276.
• Shares/RSUs held after transaction: not specified in the provided excerpt; footnote F3 notes holdings include vested and unvested RSUs from prior grants.
• Footnotes of note:
  • F1: These are RSUs that convert to one share per vested RSU.
  • F2: Additional performance-based RSU (PRSU) shares may be received depending on future performance and continued employment.
  • F3: Holdings include both non-RSU shares and aggregate vested/unvested RSUs from prior filings.
  • F4: The withholding is an issuer-handled, exempt transaction to satisfy tax obligations (not a discretionary open-market sale).
• Filing: Report filed 2026-03-09 for a 2026-03-05 transaction — appears filed timely (within required Form 4 reporting window).

Context
RSU grants are a form of compensation (not an open-market purchase) and vesting may be subject to time and/or performance conditions. The withheld shares were used to satisfy tax withholding on the award (a routine, non-discretionary action) and should not be interpreted as an active sale intent by the insider. PRSUs mentioned are performance-contingent and may result in additional shares only if conditions are met.