Brown Brian Michael 4

What Happened
Brian Michael Brown, AvePoint's Chief Legal Officer and director, had 12,509 shares withheld by the company on March 13, 2026 to satisfy tax withholding related to vested restricted stock units (RSUs). The withheld lots were 5,010 shares at $10.43 ($52,254) and 7,499 shares at $10.43 ($78,215), a combined value of approximately $130,469. This was not a discretionary open-market sale but a withholding transaction incident to RSU vesting.

Key Details

• Transaction date: 2026-03-13; Price per share: $10.43.
• Shares withheld/disposed: 5,010 and 7,499 (total 12,509). Total value ≈ $130,469.
• Shares owned after transaction: not specified in the information provided (see the full Form 4 for total holdings).
• Footnotes:
  • F1: RSUs represent contingent rights to receive one share upon vesting.
  • F2: Transaction is exempt—shares were withheld by the issuer to satisfy tax withholding (net settlement), not a discretionary sale by the insider.
  • F3: Reporting person’s holdings include non-RSU common stock and aggregate vested/unvested RSUs reported in earlier Form 4s.
• Filing date: 2026-03-17; filed within the typical two-business-day Form 4 deadline (timely).

Context
This was a routine tax-withholding/net-settlement event following RSU vesting (cashless retention of shares to cover tax liabilities), which is common and doesn’t necessarily indicate the insider’s view on the company. For purchase activity or discretionary sales, look for P- or S-coded transactions; F-coded filings reflect withholding or similar administrative dispositions.