Jiang Tianyi 4
4 · AvePoint, Inc. · Filed Jun 9, 2026
Research Summary
AI-generated summary of this filing
AvePoint (AVPT) CEO Jiang Tianyi Withholds Shares for Taxes
What Happened
Jiang Tianyi, CEO of AvePoint, had a total of 4,392 shares of AvePoint common stock withheld to satisfy tax withholding obligations related to vested restricted stock units (RSUs). The filing shows two withholding events on June 5, 2026: 3,423 shares withheld at $10.74 each for $36,763, and 969 shares withheld at $10.74 each for $10,407 — about $47,170 in aggregate. These disposals are tax-withholding transactions (not open-market sales) tied to RSU vesting.
Key Details
- Transaction dates and prices: June 5, 2026 — 3,423 shares @ $10.74 and 969 shares @ $10.74.
- Total shares withheld: 4,392; total value ≈ $47,170.
- Shares owned after transaction: Not specified in this Form 4; filing footnote F3 notes aggregate holdings (non-RSU common stock plus vested/unvested RSUs) as previously reported.
- Footnotes: F1 explains these were RSUs; F2 confirms these were exempt, non-discretionary withholdings under Rule 16b-3; F3 references prior filings for vesting schedules/aggregate holdings.
- Filing timing: Transaction occurred June 5, 2026; Form 4 was filed June 9, 2026 (the filing comes four days after the transaction and may be later than the usual two-business-day deadline).
Context
This was a routine tax-withholding (net settlement) tied to RSU vesting, not a voluntary sale that would signal a change in sentiment. For insiders, withheld-share disposals are commonplace when equity awards vest and generally reflect tax obligations rather than a directional bet on the stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-06-05$10.74/sh−3,423$36,763→ 2,291,498 total - Tax Payment
Common Stock
[F1][F2][F3]2026-06-05$10.74/sh−969$10,407→ 2,290,529 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.