AvePoint (AVPT) CEO Jiang Tianyi Sells Shares (Tax Withholding)

What Happened
Jiang Tianyi, CEO of AvePoint, had 4,390 shares of AvePoint common stock withheld to satisfy tax withholding obligations associated with vested restricted stock units (RSUs). The withholding occurred on 2026-09-04 at $13.43 per share, representing proceeds of approximately $58,957 (reported as $13,000 and $45,957 in two withholding events). This is a tax-withholding/net settlement event (not an open-market sale or discretionary disposition).

Key Details

• Transaction date: 2026-09-04; Form 4 filed: 2026-09-09 (filed after the typical 2-business-day deadline).
• Withheld shares: 968 shares ($13,000) and 3,422 shares ($45,957), total 4,390 shares at $13.43 each; total value ≈ $58,957.
• Transaction code/type: F — withholding of shares to satisfy tax liability in connection with RSU vesting (exempt under Rule 16b-3).
• Shares owned after transaction: Not specified in the provided filing; F3 indicates the reported holdings include non-RSU common stock and aggregate vested and unvested RSUs previously disclosed.
• Footnotes:
  • F1: These were RSUs that convert to common stock upon vesting.
  • F2: Withholding is an exempt, issuer-directed withholding (not a discretionary sale by the CEO).
  • F3: Holdings shown aggregate common stock and vested/unvested RSUs from prior Form 4s.

Context
This was a routine tax-withholding/net-settlement action tied to RSU vesting (a common administrative step) rather than a voluntary open-market sale or purchase. Such withholdings do not necessarily signal insider sentiment about the stock. The Form 4 appears to have been filed late relative to the standard 2-business-day reporting window.