Avidbank (AVBH) Insider Withholding: 377 Shares Withheld on Vesting

Rhea-AI Filing Summary

Tami Laura Benedict, EVP and Chief of Staff of Avidbank Holdings, reported an amended Form 4 showing a disposition of 377 shares of Avidbank common stock on 09/20/2025. The form states the 377 shares were withheld upon vesting based on the closing price on September 19, 2025, listed as $26.23 per share. After the reported transaction, the filing shows 22,738 shares beneficially owned in a direct form. The Form 4/A is signed by an attorney-in-fact and is an amendment of an earlier filing.

Positive

• Transaction was a withholding upon vesting, consistent with routine equity-compensation administration
• Reporting person retains direct beneficial ownership of 22,738 shares after the transaction

Negative

• Amended filing indicates the original Form 4 required correction or clarification
• Disposition of 377 shares reduced immediate share count, though amount is small

Insights

Corporate Governance Expert

TL;DR: This is a routine withholding of vested restricted stock, not an open-market sale, and appears administratively driven.

The filing documents an internal withholding event where 377 restricted shares were retained by the issuer to satisfy tax or withholding obligations at vesting rather than sold on the open market. Such transactions commonly occur as part of equity compensation administration and do not necessarily signal liquidity-driven insider selling. The remaining direct beneficial ownership of 22,738 shares indicates the reporting person continues to hold a material position at the insider level. The amendment suggests a prior filing was corrected or clarified.

Securities Analyst

TL;DR: Small, non-economic disposition tied to vesting; minimal implied change in insider conviction or company control.

The disposition of 377 shares at a reported closing price of $26.23 is quantitatively small versus most insider holdings and appears to be a mechanical withholding to cover taxes or similar obligations tied to restricted stock vesting. There is no indication of open-market liquidation or a change in control. Investors should view this as administrative equity-compensation activity rather than a signal of material insider divestiture.

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^*

BENEDICT TAMI LAURA

(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 of Staff

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		377(1)	D	$26.23(2)	22,738	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 Tami Laura Benedict	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 did the Form 4/A for AVBH filed by Tami Laura Benedict report?

The amended Form 4 reports a disposition of 377 shares on 09/20/2025 that were withheld upon vesting, with a reported closing price of $26.23 and 22,738 shares beneficially owned afterward.

Why were 377 AVBH shares disposed of according to the filing?

The filing explains the shares were withheld upon vesting of restricted common stock, using the issuer's closing price on September 19, 2025, to determine the value withheld.

Does the Form 4/A show an open-market sale of AVBH shares?

No. The transaction code and remarks indicate the shares were withheld upon vesting, not sold in the open market.

Who signed the Form 4/A for Tami Laura Benedict?

The form is signed by /s/Shawn Zeagler, Attorney-in-fact for Tami Laura Benedict and dated 09/23/2025.

What was the per-share price used in the filing for the withheld shares?

The filing lists the closing price on September 19, 2025 as $26.23 per share, which was used to value the withheld shares.