0000950170-25-074705.txt : 20250519 0000950170-25-074705.hdr.sgml : 20250519 20250519190010 ACCESSION NUMBER: 0000950170-25-074705 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250515 FILED AS OF DATE: 20250519 DATE AS OF CHANGE: 20250519 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Wilhite Joel CENTRAL INDEX KEY: 0001887238 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40898 FILM NUMBER: 25965664 MAIL ADDRESS: STREET 1: 1210 AVIDXCHANGE LANE CITY: CHARLOTTE STATE: NC ZIP: 28206 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AvidXchange Holdings, Inc. CENTRAL INDEX KEY: 0001858257 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1210 AVIDXCHANGE LANE CITY: CHARLOTTE STATE: NC ZIP: 28206 BUSINESS PHONE: 8005609305 MAIL ADDRESS: STREET 1: 1210 AVIDXCHANGE LANE CITY: CHARLOTTE STATE: NC ZIP: 28206 4 1 ownership.xml 4 X0508 4 2025-05-15 0001858257 AvidXchange Holdings, Inc. AVDX 0001887238 Wilhite Joel C/O AVIDXCHANGE HOLDINGS, INC. 1210 AVIDXCHANGE LANE CHARLOTTE NC 28206 false true false false See Remarks false Common Stock 2025-05-15 4 M false 16325 A 829755 D Common Stock 2025-05-15 4 S false 7817 9.7364 D 821938 D Common Stock 2025-05-15 4 S false 6519 9.7364 D 815419 D Common Stock 2025-05-15 4 S false 6578 9.7364 D 808841 D Restricted Stock Units 2025-05-15 4 M false 16325 0 D Common Stock 16325 48974 D Upon vesting, restricted stock units convert into common stock on a one-for-one-basis. The sales reported on this Form 4 represent shares sold by the reporting person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units. The sales were to satisfy tax withholding obligations to be funded by a "sell to cover" transaction. This transaction was executed in multiple trades at prices ranging from $9.73 to $9.745. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. 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. Chief Financial Officer, Senior Vice President /s/ Ryan Stahl, Attorney-in-Fact for Joel Wilhite 2025-05-19