Jiang Tianyi 4
4 · AvePoint, Inc. · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
AvePoint (AVPT) CEO Jiang Tianyi Receives RSU Award; Shares Withheld
What Happened Jiang Tianyi, CEO of AvePoint, was granted 44,439 shares (restricted stock units) on March 5, 2026 at an imputed value of $11.29/share, worth about $501,716. To satisfy income tax withholding in connection with the award, 35,118 shares were withheld by the issuer at the same price (worth about $396,482). The net result is an increase of 9,321 shares to his holdings, with an approximate net value of $105,234 based on the $11.29 price. The award is an equity grant (A); the withholding is an exempt tax-withholding action (F) and not an open-market sale.
Key Details
- Transaction date: March 5, 2026; filing date: March 9, 2026 (timely Form 4).
- Award: 44,439 RSUs @ $11.29 = $501,716 (code A).
- Tax withholding/settlement: 35,118 shares withheld @ $11.29 = $396,482 (code F; exempt, not a discretionary sale).
- Net shares added: 9,321 shares (44,439 − 35,118), net value ≈ $105,234 at $11.29.
- Footnotes: F1–F4 note these are RSUs (each converts to one share upon vesting), some PRSUs are performance‑contingent (F2), and F4 explains the withholding is to cover tax obligations and not a discretionary sale.
- Shares owned after the transaction are not specified in the excerpt of the filing.
Context This was an equity grant and a routine tax-withholding settlement—common when RSUs vest or are issued. Such withholding is administrative (company withholding shares) and should not be interpreted as an insider selling shares on the open market. Performance-based RSUs (PRSUs) referenced in the footnotes may yield additional shares later if performance and continued employment conditions are met.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-03-05$11.29/sh+44,439$501,716→ 2,190,321 total - Tax Payment
Common Stock
[F1][F4][F3]2026-03-05$11.29/sh−35,118$396,482→ 2,155,203 total
Footnotes (4)
- [F1]This security represents the Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock.
- [F2]Represents the additional shares of the Issuer's common stock to be received by the Reporting Person based on the performance conditions of the performance-based RSUs ("PRSUs") previously reported on the Form 4 filed with the Securities and Exchange Commission on March 18, 2025. Future vesting of the PRSUs is subject to their performance conditions as well as continuous employment by the Reporting Person.
- [F3]Includes non-RSU common stock as well as aggregate vested and unvested RSUs held by the Reporting Person subject to the vesting schedules previously reported on Table I of Form 4s filed with the Securities and Exchange Commission on September 3, 2021, March 22, 2022, March 23, 2023, March 7, 2024 and March 18, 2025.
- [F4]Exempt transaction consisting of the payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. The shares reported as disposed of in this Form 4 represent the number of shares of the Issuer's common stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the securities and does not represent a discretionary transaction by the Reporting Person.