Brown Brian Michael 4

What Happened
Brian Michael Brown, AvePoint’s Chief Legal Officer and a director, had a total of 6,885 shares of common stock withheld on June 12, 2026 to satisfy tax withholding in connection with vested restricted stock units (RSUs). The filing shows 5,010 shares withheld at $10.87 each ($54,459) and 1,875 shares withheld at $10.87 each ($20,381), for a combined value of roughly $74,840. This was a net settlement/tax-withholding event, not an open-market sale or purchase by the insider.

Key Details

• Transaction date: 2026-06-12; Filing date: 2026-06-16 (timely within required reporting window).
• Price used for withholding: $10.87 per share.
• Shares withheld/disposed: 5,010 and 1,875 (total 6,885). Total value ≈ $74,840.
• Shares owned after transaction: Not specified in this Form 4; filing references aggregate holdings (see footnote F3) that include non-RSU common stock and vested/unvested RSUs previously reported.
• Notable footnotes:
  • F1: These were RSUs representing the right to receive common shares upon vesting.
  • F2: The transaction is an exempt withholding (issuer withheld shares to satisfy tax obligations) and not a discretionary sale by the reporting person.
  • F3: Aggregate holdings include previously reported vested and unvested RSUs and non-RSU common stock.

Context
This was a routine tax-withholding event tied to RSU vesting (a net settlement), which is common and does not reflect an open-market sale or purchase decision by the insider. Such withholding transactions are administrative and generally not interpreted as a direct signal about the insider’s view of the company’s shares.