Jiang Tianyi 4
Research Summary
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AvePoint (AVPT) CEO Jiang Tianyi Receives RSU Award; Shares Withheld
What Happened Jiang Tianyi, CEO of AvePoint, was granted 44,439 shares (restricted stock units) on March 5, 2026 at an imputed value of $11.29/share, worth about $501,716. To satisfy income tax withholding in connection with the award, 35,118 shares were withheld by the issuer at the same price (worth about $396,482). The net result is an increase of 9,321 shares to his holdings, with an approximate net value of $105,234 based on the $11.29 price. The award is an equity grant (A); the withholding is an exempt tax-withholding action (F) and not an open-market sale.
Key Details
- Transaction date: March 5, 2026; filing date: March 9, 2026 (timely Form 4).
- Award: 44,439 RSUs @ $11.29 = $501,716 (code A).
- Tax withholding/settlement: 35,118 shares withheld @ $11.29 = $396,482 (code F; exempt, not a discretionary sale).
- Net shares added: 9,321 shares (44,439 − 35,118), net value ≈ $105,234 at $11.29.
- Footnotes: F1–F4 note these are RSUs (each converts to one share upon vesting), some PRSUs are performance‑contingent (F2), and F4 explains the withholding is to cover tax obligations and not a discretionary sale.
- Shares owned after the transaction are not specified in the excerpt of the filing.
Context This was an equity grant and a routine tax-withholding settlement—common when RSUs vest or are issued. Such withholding is administrative (company withholding shares) and should not be interpreted as an insider selling shares on the open market. Performance-based RSUs (PRSUs) referenced in the footnotes may yield additional shares later if performance and continued employment conditions are met.