Jiang Tianyi 4

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.