Avidbank (AVBH) Form 4/A: Executive Tax-Withholding Reduces Shares

Rhea-AI Filing Summary

Avidbank Holdings, Inc. (AVBH): This amended Form 4 reports that Patrick Timothy Oakes, EVP and CFO, had 828 shares withheld upon vesting of restricted common stock on 09/20/2025. The shares were withheld at a closing price of $26.23 (closing price on 09/19/2025), leaving 33,778 shares beneficially owned directly after the transaction. The filing is signed by an attorney-in-fact on behalf of Mr. Oakes on 09/23/2025.

Insights

Financial Analyst

TL;DR: Routine tax-withholding on vested restricted shares; no material change to ownership stake.

The report documents a common administrative action: 828 restricted shares were withheld to satisfy tax obligations at a closing price of $26.23, reducing the executive's holdings to 33,778 shares. This does not indicate a voluntary sale or trading strategy and is not a cash liquidity event that materially alters insider ownership percentage or control.

Corporate Governance Expert

TL;DR: Standard compliance disclosure for share withholding upon vesting; governance practices appear routine.

The Form 4/A correctly discloses the withholding of vested restricted stock and identifies the reporting person as EVP and CFO. Filing was executed by an attorney-in-fact and amended on 09/22/2025, with signature dated 09/23/2025. The disclosure aligns with Section 16 reporting obligations and reflects customary executive compensation settlement procedures.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Oakes Patrick Timothy

Role EVP, CFO

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	828	$26.23	$22K

Holdings After Transaction: Common Stock — 33,778 shares (Direct)

Footnotes (1)

1. Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on September 19, 2025. Closing price of issuer's common stock on September 19, 2025.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Oakes Patrick Timothy

(Last) (First) (Middle)

1732 N 1ST STREET

6TH FLOOR

(Street)

SAN JOSE CA 95112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Avidbank Holdings, Inc. [ AVBH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
09/22/2025

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/20/2025		F		828(1)	D	$26.23(2)	33,778	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on September 19, 2025.

2. Closing price of issuer's common stock on September 19, 2025.

Remarks:

	/s/Shawn Zeagler, Attorney-in-fact for Patrick Timothy Oakes	09/23/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Patrick Timothy Oakes report on Form 4/A for AVBH?

The filing reports 828 restricted shares withheld upon vesting on 09/20/2025 and shows 33,778 shares beneficially owned after the transaction.

What price was used to calculate the share withholding in the AVBH Form 4/A?

The withholding used the issuer's closing price of $26.23 per share on 09/19/2025.

What is Patrick Oakes' role at Avidbank Holdings as listed on the Form 4/A?

He is reported as an Officer with the title EVP, CFO and is the sole reporting person on the form.

When was the Form 4 amendment signed and who signed it?

The form was signed by Shawn Zeagler, Attorney-in-fact for Patrick Timothy Oakes on 09/23/2025.