Todd Alan Cunningham - 27 Mar 2025 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
Chief People Officer, Senior Vice President
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Todd Cunningham
Issuer symbol
AVDX
Transactions as of
27 Mar 2025
Net transactions value
-$18,403
Form type
4
Filing time
19 Aug 2025, 19:40:16 UTC
Previous filing
04 Mar 2025
Next filing
19 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cunningham Todd Alan Chief People Officer, Senior Vice President C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE /s/ Ryan Stahl, Attorney-in-Fact for Todd Cunningham 19 Aug 2025 0001886982

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Options Exercise $46,234 +47,664 +11% $0.9700 491,074 27 Mar 2025 Direct
transaction AVDX Common Stock Options Exercise +6,530 +1.3% 497,604 15 Aug 2025 Direct F1
transaction AVDX Common Stock Tax liability $18,562 -1,875 -0.38% $9.90 495,729 15 Aug 2025 Direct
transaction AVDX Common Stock Tax liability $21,928 -2,215 -0.45% $9.90 493,514 15 Aug 2025 Direct
transaction AVDX Common stock Tax liability $24,146 -2,439 -0.49% $9.90 491,075 15 Aug 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AVDX Employee Stock Option (right to buy) Options Exercise $0 -47,664 -100% $0.000000 0 27 Mar 2025 Common Stock 47,664 $0.9700 Direct
transaction AVDX Restricted Stock Units Options Exercise $0 -6,530 -33% $0.000000 13,060 15 Aug 2025 Common Stock 6,530 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Upon vesting, restricted stock units convert into common stock on a one-for-one-basis.
F2 On March 16, 2022, the reporting person was granted 104,477 restricted stock units, vesting 25% on the first anniversary of the vesting commencement date and quarterly thereafter. The vesting commencement date was February 15, 2022.

Remarks:

Chief People Officer, Senior Vice President