Gong Xunkai 4
4 · AvePoint, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
AvePoint (AVPT) Exec Chairman Gong Receives RSU Award
What Happened
- Xunkai Gong, AvePoint's Executive Chairman and a director, was granted a total of 516,061 equity awards on March 16, 2026: 190,114 RSUs reported at $0.00 (time-based restricted stock units) and 325,947 performance-based derivative RSUs valued at $10.52 each (aggregate reported value $3,428,962). Transaction code A = award/grant.
Key Details
- Transaction date: March 16, 2026; Form 4 filed March 18, 2026 (appears timely within the standard 2-business-day window).
- Grants: 190,114 RSUs @ $0.00 (time-based RSUs); 325,947 PRSUs @ $10.52 (derivative / performance-based award; reported aggregate value $3,428,962).
- Aggregate new awards = 516,061 RSUs.
- Shares owned after the reported transactions: not specified in the excerpt provided (the filing references prior Form 4s for existing holdings).
- Relevant footnotes:
- F1: RSUs represent the right to receive one share per RSU upon vesting.
- F2: The 325,947 PRSUs are performance-based (70% weighted to ARR CAGR for 2026–2028; 30% to FY2028 GAAP profitability). Actual payout can range from 50% to 200% of granted value and will vest only after certification by the Compensation Committee following the performance period.
- F3: Filing references prior reported holdings and vesting schedules; other footnotes in the filing relate to options/vesting schedules but are not the primary items in these March 16 grants.
Context
- These are grants/awards (not open-market purchases or sales). Time-based RSUs and PRSUs typically vest over time or upon achievement of performance targets, so they do not represent immediate stock purchases or liquidity. Performance RSUs carry outcome uncertainty (may pay out at 50%–200% of the grant) and will only convert to shares if and when performance criteria are met and vesting is certified.
Insider Transaction Report
Form 4
AvePoint, Inc.AVPT
Gong Xunkai
DirectorExecutive Chairman
Transactions
- Award
Common Stock
[F1][F2][F3]2026-03-16+190,114→ 935,203 total - Award
Stock Option (Right to Buy)
[F4][F5]2026-03-16$10.52/sh+325,947$3,428,962→ 5,575,135 totalExercise: $10.52From: 2027-03-16Exp: 2036-03-16→ Common Stock (325,947 underlying)
Footnotes (5)
- [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 performance-based RSUs ("PRSUs") based upon two metrics: Annual recurring revenue compounded annual growth rate for the years 2026-2028 (70% weighted) and FY 2028 GAAP profitability (30% weighted). Actual payouts may represent 50% to 200% of granted value. These PRSUs will fully vest upon certification of the actual payouts by the Issuer's Compensation Committee after the performance period ends.
- [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]This security represents options to purchase the Issuer's common stock granted to the reporting person under the Issuer's 2021 Equity Incentive Plan. Each option represents the contingent right to receive, upon exercise of the option, one share of the Issuer's common stock.
- [F5]25% of the shares underlying these options will vest on March 16, 2027, and the remaining options vest in 12 equal quarterly installments thereafter, subject to the Reporting Person's continued service with the Issuer as of the applicable vesting date.
Signature
/s/ Brian Michael Brown, Attorney-in-Fact|2026-03-18