Brown Brian Michael 4

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.