Brown Brian Michael 4
4 · AvePoint, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
AvePoint (AVPT) CLO Brian Brown Withholds 4,094 Shares for Taxes
What Happened
Brian Michael Brown, Chief Legal Officer and a director of AvePoint (AVPT), had a total of 4,094 shares withheld to satisfy tax withholding related to the vesting/settlement of restricted stock units (RSUs). The withholding consisted of three dispositions on June 5, 2026: 2,835 shares at $10.74/share ($30,448), 981 shares at $10.74/share ($10,536), and 278 shares at $10.74/share ($2,986), totaling approximately $43,970. This was a tax-withholding/net-settlement event (not an open-market sale).
Key Details
- Transaction date: June 5, 2026; Filing date: June 9, 2026 (appears timely).
- Price per share reported: $10.74. Individual disposals: 2,835; 981; 278 shares (total 4,094).
- Total value of shares withheld: ~$43,970.
- Shares were withheld by the issuer to satisfy income tax withholding on RSU vesting (transaction code F; exempt under Rule 16b-3). This is a non-discretionary withholding, not a voluntary sale by the reporting person.
- Footnotes clarify these are RSUs that convert to common stock on vesting (F1), the withholding is an exempt tax/payment withholding (F2), and the reporting person holds other common stock and vested/unvested RSUs as previously reported (F3).
- Shares owned after the transaction are not specified in the provided excerpt.
Context
- This was a routine tax-withholding event tied to RSU vesting (a common way companies satisfy tax obligations). It reduces the insider’s reported share count but does not necessarily signal a change in sentiment about the company.
- For retail investors, purchases (insider buys) tend to be more informative than routine withholdings; this filing documents a settlement/payment rather than a deliberate sale.
Insider Transaction Report
Form 4
AvePoint, Inc.AVPT
Brown Brian Michael
DirectorChief Legal Officer
Transactions
- Tax Payment
Common Stock
[F1][F2][F3]2026-06-05$10.74/sh−2,835$30,448→ 817,316 total - Tax Payment
Common Stock
[F1][F2][F3]2026-06-05$10.74/sh−981$10,536→ 816,335 total - Tax Payment
Common Stock
[F1][F2][F3]2026-06-05$10.74/sh−278$2,986→ 816,057 total
Footnotes (3)
- [F1]This security represents the Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- [F2]Exempt transaction consisting of the payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. The shares reported as disposed of in this Form 4 represent the number of shares of the Issuer's common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the securities and does not represent a discretionary transaction by the Reporting Person.
- [F3]Includes non-RSU common stock as well as aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I of Form 4s filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023, March 7, 2024, March 18, 2025, and March 18, 2026.
Signature
/s/ Brian Michael Brown|2026-06-09