Brian Michael Brown, Chief Legal Officer and Director of AvePoint, Inc., filed a Form 4 on August 26, 2026, disclosing the sale of 10,000 shares of common stock on August 24, 2026, pursuant to a pre-established Rule 10b5-1 trading plan.
Key Highlights
- Transaction date: 10,000 shares of AvePoint common stock were disposed of on August 24, 2026.
- Sale price: Shares were sold at $13.3 per share, according to the filing.
- Trading plan: The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by Brown on December 16, 2025.
- Remaining beneficial ownership: Following the transaction, 444,604 shares are reported as beneficially owned indirectly through the Brian M. Brown Revocable Trust.
- Ownership structure: Brown is identified as a trustee of the Brian M. Brown Revocable Trust, which holds the reported shares indirectly.
- Disclaimer: The filing states Brown "disclaims beneficial ownership of the shares held by the Trust, except to the extent of his pecuniary interest therein."
AvePoint CLO Brian Brown Reports Share Sale Through Revocable Trust
According to the Form 4 filed with the SEC on August 26, 2026, Brian Michael Brown, who serves as both Chief Legal Officer and Director of AvePoint, Inc. (NASDAQ:AVPT), reported a sale of 10,000 shares of the company's common stock. The transaction was executed on August 24, 2026, at a price of $13.3 per share. The shares were disposed of under transaction code "S," indicating an open-market sale.
The filing discloses that the sale was carried out under a Rule 10b5-1 trading plan that Brown adopted on December 16, 2025. Such plans allow corporate insiders to establish pre-scheduled trading arrangements at a time when they are not in possession of material non-public information. The shares sold were held indirectly through the Brian M. Brown Revocable Trust, of which Brown is a trustee.
Following the reported transaction, the filing shows 444,604 shares of common stock beneficially owned indirectly through the Trust. The filing includes a standard disclaimer, noting that Brown "disclaims beneficial ownership of the shares held by the Trust, except to the extent of his pecuniary interest therein," and that inclusion of the shares in the report "shall not be deemed an admission of beneficial ownership of all the report shares for the purposes of Section 16 or for any other purpose." No derivative securities transactions were reported in this filing.
What Was Disclosed
AvePoint's Chief Legal Officer and Director Brian Michael Brown disclosed the sale of 10,000 shares of common stock at $13.3 per share on August 24, 2026, executed under a December 16, 2025 Rule 10b5-1 plan, with 444,604 shares remaining indirectly held through a revocable trust.


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