Research Summary
AI-generated summary of this SEC filing
AvePoint (AVPT) CEO Jiang Tianyi Gifts 36,000 Shares
What Happened Jiang Tianyi, Chief Executive Officer of AvePoint, disposed of 36,000 shares on September 1, 2026 as a charitable gift to Cornell University. The shares were valued at $13.50 each for a total reported value of $486,000. The transaction is reported as an exempt gift (transaction code G) and involved no consideration paid by the recipient.
Key Details
- Transaction date and price: 9/1/2026 at $13.50 per share; total value $486,000.
- Transaction type: Gift (exempt charitable transfer) to Cornell University (third of five annual installments through June 30, 2028; each installment ≥ $400,000).
- Filing date: Form 4 filed 9/2/2026 (appears timely; Form 4s are due within two business days).
- Shares owned after transaction: Not specified in the provided summary; filing notes holdings include non-RSU common stock and aggregate vested and unvested RSUs previously reported (see footnote F3).
- Notable footnotes: F1 clarifies RSUs represent the right to receive common stock upon vesting; F2 describes the exempt charitable gift structure and schedule; F3 states total holdings include vested and unvested RSUs reported in prior Form 4s.
Context Gifts by insiders are typically philanthropic or tax-planning moves and do not necessarily signal a change in the insider’s view of the company’s prospects. This transfer involved common stock and/or RSUs per the filing footnotes and was documented as an exempt charitable gift to an educational institution.