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[8-K] Avidbank Holdings, Inc. Reports Material Event

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Avidbank Holdings, Inc. reported that long-time director Lisa Hendrickson has resigned from the boards of both the holding company and its wholly owned subsidiary, Avidbank. She has served as a director since 2006, and her resignation will be effective December 31, 2025. The company states that Ms. Hendrickson is stepping down for personal reasons and that her decision is not related to any disagreement with the boards of directors or management.

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false000144357500014435752025-11-142025-11-14

 

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 14, 2025

 

AVIDBANK HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

California

 

001-42792

 

26-1731009

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

1732 North First Street, 6th Floor

San Jose, CA

 

95112

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (408) 200-7390

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

 ¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

 ¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

 ¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

 ¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

 

 

Name of each exchange on

Title of each class

Trading Symbol

which registered

Common Stock, no par value per share

 

AVBH

 

The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

 

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

Ms. Lisa Hendrickson has served on the board of directors of Avidbank Holdings, Inc. (the “Company”) and Avidbank, a California state-chartered bank and a wholly-owned subsidiary of the Company (the “Bank”) since 2006. On November 14, 2025, Ms. Hendrickson submitted her notice of resignation, to be effective December 31, 2025, as a member of the board of directors of the Company and the Bank. Ms. Hendrickson’s decision to resign was due to her personal reasons and not over any disagreement with the Company’s board of directors or management.


1


 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

 

Dated: November 18, 2025

AVIDBANK HOLDINGS, INC.

 

 

 

 

By:

/s/ Victor DeMarco

 

Name:

Victor DeMarco

 

Title:

Executive Vice President and Chief Legal Officer

 

2

FAQ

What did Avidbank Holdings, Inc. (AVBH) announce in this 8-K?

Avidbank Holdings, Inc. announced that Lisa HendricksonDecember 31, 2025.

Who is resigning from the Avidbank Holdings, Inc. (AVBH) board and when is it effective?

Lisa Hendrickson is resigning as a member of the boards of Avidbank Holdings, Inc. and Avidbank, with her resignation effective December 31, 2025.

How long has Lisa Hendrickson served on the Avidbank Holdings, Inc. (AVBH) board?

Lisa Hendrickson has served on the boards of Avidbank Holdings, Inc. and Avidbank since 2006, according to the company.

Why is Lisa Hendrickson resigning from the Avidbank Holdings, Inc. (AVBH) board?

The company states that Ms. Hendrickson’s decision to resign is due to her personal reasons and is not the result of any disagreement with the boards or management.

Does Avidbank Holdings, Inc. (AVBH) report any disagreement with Lisa Hendrickson?

No. Avidbank Holdings, Inc. specifically notes that Ms. Hendrickson’s resignation is not over any disagreement with the company’s board of directors or management.

What is the trading symbol and exchange for Avidbank Holdings, Inc.?

Avidbank Holdings, Inc.’s common stock trades on The Nasdaq Stock Market LLC under the symbol AVBH.

Avidbank

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