AvidXchange Holdings CEO Michael Praeger Sells Shares
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| Reporter Name | Praeger Michael |
| Relationship | Chief Executive Officer |
| Type | Sell |
| Amount | $980,104 |
| SEC Filing | Form 4 |
Michael Praeger, Chief Executive Officer and Director at AvidXchange Holdings, sold a total of 119,551 shares of Common Stock on March 14 and March 17, 2025, for a total sale amount of $980,104. The sales were executed under a Rule 10b5-1 trading plan, with prices per share at a weighted average of $8.0289 and $8.2484 for each transaction respectively. Following these transactions, Praeger directly owns 11,045,186 shares and indirectly owns 4,677,791 shares of AvidXchange Holdings.
SEC Filing: AvidXchange Holdings, Inc. [ AVDX ] - Form 4 - Mar. 18, 2025