STOCK TITAN

Avidbank (AVBH) Form 4/A: Restricted Stock Withheld by CEO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

Mark Daniel Mordell, President & CEO and a director of Avidbank Holdings, Inc. (AVBH), amended a Form 4 to report a disposition of common stock on 09/20/2025. The filing shows 1,216 shares were disposed (transaction code F), with shares withheld upon vesting of restricted stock based on the issuer's closing price of $26.23 on September 19, 2025. After the reported transaction, the filing lists 228,693 shares beneficially owned directly. The signature on the amendment is by an attorney-in-fact dated 09/23/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: An amended Form 4 records a routine withholding of shares to satisfy tax/vesting obligations by the CEO/director, leaving substantial direct ownership.

The report documents a disposition of 1,216 shares via withholding upon restricted stock vesting, using transaction code F, with the per-share reference price equal to the prior trading day's close of $26.23. The filing confirms continued direct beneficial ownership of 228,693 shares, and it is signed by an attorney-in-fact. This appears to be an administrative action related to compensation vesting rather than an active open-market sale, and the amendment corrects or clarifies the original Form 4.

TL;DR: The transaction is a typical vesting-related withholding reported on an amended Form 4, showing no new derivative activity.

The Form 4/A lists only a non-derivative disposition tied to restricted stock vesting; there are no entries in the derivative table. The use of an amendment suggests the original filing was updated for accuracy. From an insider-trading disclosure perspective, the filing provides the necessary details: date, code, number of shares, reference price, and post-transaction holdings.

Insider MORDELL MARK DANIEL
Role Pres., CEO
Type Security Shares Price Value
Tax Withholding Common Stock 1,216 $26.23 $32K
Holdings After Transaction: Common Stock — 228,693 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.
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*
MORDELL MARK DANIEL

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Pres., CEO
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 1,216(1) D $26.23(2) 228,693 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 Mark Daniel Mordell 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 Mark Daniel Mordell report on the AVBH Form 4/A?

He reported a disposition of 1,216 shares on 09/20/2025 recorded as withheld upon vesting of restricted stock.

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

$26.23 per share, the closing price of Avidbank Holdings common stock on September 19, 2025.

How many AVBH shares does the reporting person beneficially own after the reported transaction?

228,693 shares beneficially owned directly following the reported disposition.

Why was the Form 4 filed as an amendment (4/A)?

The filing is amended (original filed 09/22/2025) to correct or clarify the reported transaction; the document does not state the precise reason for amendment.

Was any derivative security activity reported for AVBH in this filing?

No. The derivative securities table contains no entries in this Form 4/A.