AvePoint Executive Chairman Xunkai Gong Disposes of Shares for Tax Withholding
This SEC Form 4 filing reports that Xunkai Gong, Executive Chairman of AvePoint, Inc., disposed of 5,708 shares of common stock on June 5, 2026, through two separate transactions. The shares were sold at $10.74 per share for a total value of approximately $61,300. The disposals were not discretionary transactions but rather represented shares withheld by the company to satisfy tax withholding obligations related to the net settlement of restricted stock units (RSUs). Following these transactions, Gong's ownership decreased from 924,637 shares to 923,378 shares. The filing clarifies that these transactions were exempt under Rule 16b-3 as they involved tax liability payments through securities withholding. The shares disposed represent common stock and RSUs granted under the company's 2021 Equity Incentive Plan.