Gong Xunkai 4

What Happened
Gong Xunkai, Executive Chairman and Director of AvePoint (AVPT), had 6,117 shares withheld by the company to satisfy tax withholding obligations tied to the vesting/settlement of restricted stock units (RSUs). The withholding covered shares valued at $10.30 each, for a total of approximately $63,005. This is a tax-withholding (code F) transaction, not an open-market sale.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 24, 2026.
• Shares involved: 6,117 common shares withheld; price used for withholding: $10.30; total value ≈ $63,005.
• Transaction code: F — shares withheld to satisfy income tax withholding upon vesting (exempt under Rule 16b-3).
• Footnotes: F1 notes these were RSUs that convert to common stock on vesting; F2 clarifies the withholding was done by the issuer to meet tax obligations and was not a discretionary sale by the insider; F3 indicates the filing aggregates non-RSU stock and vested/unvested RSUs previously reported.
• Shares owned after transaction: not specified in the provided filing.

Context
This was a routine tax-withholding transaction tied to RSU vesting (a "net share settlement" style event) rather than a voluntary sale; such withholdings are common and generally do not signal a change in insider sentiment. The filing simply reports the shares withheld to cover tax liabilities arising from the issuance/vesting of equity awards.