AvePoint (AVPT) Chief Legal Officer Brian Brown Sells Shares

What Happened

• Brian Michael Brown, AvePoint’s Chief Legal Officer and a company director, sold a total of 40,000 shares in two open-market transactions: 8,369 shares on July 14, 2026 at $13.00 ($108,797) and 31,631 shares on July 15, 2026 at $13.18 ($416,897). Combined proceeds were roughly $525,694. These were sales (not purchases).

Key Details

• Transactions:
  • July 14, 2026 — 8,369 shares sold at $13.00 (proceeds $108,797)
  • July 15, 2026 — 31,631 shares sold at $13.18 (proceeds $416,897)
• Transaction type/code: Open-market sales (code S)
• Plan/footnote: Filing notes the sale(s) were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Brown on December 16, 2025 (Footnote F1).
• Holdings after transaction: Not specified in this Form 4. Footnote F2 says reported holdings include non-RSU common stock plus aggregate vested and unvested RSUs subject to previously disclosed vesting schedules.
• Filing/timeliness: Form 4 filed July 16, 2026 for transactions on July 14–15, 2026 — appears timely (Form 4 is generally due within two business days).

Context

• Sales under a 10b5-1 plan are typically pre-arranged and executed according to preset rules; they are often considered routine rather than a direct signal of insider sentiment.
• No option exercises, gifts, or purchases were reported here — only open-market disposals.