AvePoint (AVPT) CFO Caci James Sells Shares for Tax Withholding

What Happened
Caci James, Chief Financial Officer of AvePoint (AVPT), had 8,637 shares of common stock withheld by the company to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). On Sept 11, 2026, 6,120 shares were withheld at $12.66/share (value $77,479). On Sept 14, 2026, 2,517 shares were withheld at $13.60/share (value $34,231). These were withholding (net settlement) transactions, not open-market sales.

Key Details

• Transaction dates and amounts:
  • 2026-09-11: 6,120 shares @ $12.66 — $77,479 (withheld)
  • 2026-09-14: 2,517 shares @ $13.60 — $34,231 (withheld)
• Total shares withheld: 8,637; total value: $111,710.
• Shares owned after transaction: not specified in the data provided here (see the full Form 4 for post-transaction holdings; footnote F3 describes aggregate RSU/common stock holdings).
• Footnotes:
  • F1: These shares relate to RSUs that convert to common stock upon vesting.
  • F2: Exempt transactions — shares were withheld by the issuer to cover tax obligations under a net-settlement; not discretionary open-market sales.
  • F3: Holdings include non-RSU common stock and aggregate vested/unvested RSUs previously reported.
• Filing timeliness: Form filed 2026-09-15 covering transactions through Sept 11–14; no late filing flag indicated in the information provided.

Context
This was a routine tax-withholding/net-settlement of vested RSUs (a common administrative transaction). Because the shares were withheld by the issuer to meet tax obligations rather than sold on the open market at the insider’s direction, these disposals should not be interpreted as an explicit decision to liquidate holdings.