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AvidXchange Holdings CEO Michael Praeger Sells Shares

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Reporter NamePraeger Michael
RelationshipChief Executive Officer
TypeSell
Amount$980,104
SEC FilingForm 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