AvePoint (AVPT) Chief Legal Officer Brian Brown Sells 10,000 Shares

What Happened

• Brian Michael Brown, AvePoint's Chief Legal Officer and a company director, sold a total of 10,000 shares in two open‑market transactions: 4,824 shares on 2026-07-28 at $13.08 ($63,098) and 5,176 shares on 2026-07-29 at $13.06 ($67,599). These were sales (not purchases), generating roughly $130,697 in proceeds.

Key Details

• Transaction dates and prices:
  • 2026-07-28: 4,824 shares sold at $13.08 each — $63,098
  • 2026-07-29: 5,176 shares sold at $13.06 each — $67,599
• Proceeds: ≈ $130,697 total.
• Shares owned after transaction: Not specified in the provided summary; footnote indicates holdings include non‑RSU common stock plus vested and unvested RSUs reported previously.
• Footnotes: The sales were executed under a Rule 10b5-1 trading plan adopted by Mr. Brown on December 16, 2025 (pre‑arranged sales plan).
• Filing timeliness: Report filed on 2026-07-30 for transactions occurring 2026-07-28 and 2026-07-29 — appears timely (Form 4s are due within two business days).

Context

• Because these sales were made under a 10b5-1 plan, they were pre‑scheduled transactions and are generally considered routine rather than an immediate signal of the insider’s current view on the company. Sales reduce insider shareholdings but do not by themselves indicate future company performance.