AvePoint (AVPT) Executive Chairman Gong Xunkai Sells 3,988 Shares

What Happened

• Gong Xunkai, Executive Chairman and Director of AvePoint (AVPT), had 3,988 shares withheld by the company on March 13, 2026 to satisfy income tax withholding tied to the vesting/settlement of RSUs. The shares were valued at $10.43 each, totaling $41,595. This was an issuer withholding to cover taxes (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed within the standard two business day window).
• Shares withheld/disposed: 3,988 shares at $10.43 per share; total value ~$41,595.
• Transaction code: F — tax withholding/delivery of shares incident to receipt or vesting of securities.
• Shares owned after transaction: not specified in the provided Form 4 summary; Footnote F3 states holdings include non-RSU common stock and aggregate vested/unvested RSUs previously reported (see prior Form 4s dated 9/3/2021, 3/22/2022, 3/23/2023, 3/7/2024, 3/18/2025).
• Footnotes: F1 explains each RSU converts to one share upon vesting; F2 clarifies the withholding was an exempt, non-discretionary settlement; F3 describes aggregate holdings.

Context

• This was a routine tax-withholding event tied to RSU vesting (net settlement), not a discretionary sale. Such withholdings are common and generally do not indicate the insider's market view.