Jiang Tianyi 4
4 · AvePoint, Inc. · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
AvePoint (AVPT) CEO Jiang Tianyi Sells 2,914 Shares
What Happened Jiang Tianyi, Chief Executive Officer of AvePoint (AVPT), had 2,914 shares of common stock withheld by the company on 2026-06-12 to satisfy income tax withholding related to the vesting/net settlement of restricted stock units (RSUs). The shares were reported at $10.87 each for a total value of approximately $31,675. This was a tax-withholding/net-settlement event (reported as a disposition) rather than a voluntary open-market sale.
Key Details
- Transaction date: 2026-06-12; Form 4 filed: 2026-06-16.
- Price reported: $10.87 per share; shares withheld/disposed: 2,914; total value ≈ $31,675.
- Shares owned after transaction: Not specified in this Form 4; see footnote F3 and prior Form 4s for aggregate holdings and vesting schedules.
- Footnotes: F1 explains these were RSUs that convert to common stock on vesting; F2 clarifies the disposition was an issuer withholding to pay tax obligations under Rule 16b-3 (not a discretionary sale); F3 notes aggregate holdings include non-RSU common stock and vested/unvested RSUs reported in earlier filings.
- Timeliness: The filing was dated 2026-06-16 for a 2026-06-12 transaction — this appears to be after the typical 2-business-day Form 4 reporting window.
Context This transaction is a routine tax-withholding related to RSU vesting (a common form of "cashless" or net settlement). Because the company withheld shares to meet withholding obligations, it should not be interpreted the same way as an open-market sale initiated by the insider. Retail investors typically view such withholding transactions as administrative; they do not necessarily signal a change in insider sentiment about the company's prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2][F3]2026-06-12$10.87/sh−2,914$31,675→ 2,287,615 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.