Daniel Drees - Aug 15, 2025 Form 4 Insider Report for AvidXchange Holdings, Inc. (AVDX)

Role
President
Signature
/s/ Ryan Stahl, Attorney-in-Fact for Daniel Drees
Stock symbol
AVDX
Transactions as of
Aug 15, 2025
Transactions value $
-$234,670
Form type
4
Date filed
8/19/2025, 07:40 PM
Previous filing
May 19, 2025
Next filing
Oct 15, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Drees Daniel President C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE /s/ Ryan Stahl, Attorney-in-Fact for Daniel Drees 2025-08-19 0001886969

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVDX Common Stock Options Exercise +16.3K +1.4% 1.18M Aug 15, 2025 Direct F1
transaction AVDX Common Stock Tax liability -$70.6K -7.13K -0.6% $9.90 1.18M Aug 15, 2025 Direct
transaction AVDX Common Stock Tax liability -$88.3K -8.92K -0.76% $9.90 1.17M Aug 15, 2025 Direct
transaction AVDX Common Stock Tax liability -$75.7K -7.65K -0.65% $9.90 1.16M Aug 15, 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 Restricted Stock Units Options Exercise $0 -16.3K -33.33% $0.00 32.7K Aug 15, 2025 Common Stock 16.3K 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 261,194 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.