Avidbank (AVBH) Insider Withholding: 439 Shares Disposed to Cover Taxes

Rhea-AI Filing Summary

Victor Francesco E. DeMarco, EVP and Chief Legal Counsel of Avidbank Holdings, Inc. (AVBH), reported a disposition of 439 shares of the issuer's common stock on 09/20/2025. The sale was recorded as a Code F transaction indicating shares were withheld upon vesting of restricted common stock to satisfy tax withholding, using the closing price of $26.23 on 09/19/2025. Following this transaction, DeMarco beneficially owns 13,662 shares directly. The filing is an amended Form 4 that documents the withholding-based disposal rather than an open-market sale.

Positive

• Disclosure compliance: An amended Form 4 was filed to accurately report the transaction
• Routine tax withholding noted rather than an open-market sale, clarifying the nature of the disposition

Negative

• Disposition of 439 shares reduced insider's direct holdings
• Limited context: Filing does not state total outstanding shares, so materiality of change cannot be assessed

Insights

Securities Analyst

TL;DR: Small, routine withholding sale recorded; no clear material impact on ownership or control.

The reported disposition of 439 shares appears to be a tax-withholding event tied to restricted stock vesting, as indicated by the explanatory footnote and transaction Code F. The remaining direct beneficial ownership of 13,662 shares suggests the insider retains a meaningful position, though materiality relative to total outstanding shares is not provided in the filing. This is a routine administrative transaction rather than a strategic divestiture.

Corporate Governance Expert

TL;DR: Filing shows compliance with disclosure rules; the transaction is administrative, not governance-altering.

The amended Form 4 documents internal share withholding to satisfy tax obligations upon vesting. The signature by an attorney-in-fact and the amendment indicate adherence to reporting requirements. There is no indication of leadership change, derivative activity, or other governance events in this submission.

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
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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^*

DEMARCO VICTOR FRANCESCO E.

(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, Chief Legal Counsel, Secy

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		439(1)	D	$26.23(2)	13,662	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 Victor Francesco E. DeMarco	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.
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FAQ

Who filed the Form 4 for AVBH?

Victor Francesco E. DeMarco, EVP and Chief Legal Counsel, filed the report (submitted via attorney-in-fact).

What transaction was reported on the Form 4 for AVBH?

A disposition of 439 shares reported under Code F, indicating shares were withheld upon vesting to satisfy tax withholding.

What price was used for the withheld shares in the AVBH filing?

The filing cites the issuer's closing price of $26.23 on 09/19/2025 as the basis for the withholding.

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

The filing shows 13,662 shares beneficially owned following the reported transaction.

Was the Form 4 an amendment or an original filing?

The document is labeled an amended Form 4, updating previously reported information.