Tax withholding reduces Avidbank (AVBH) CEO stake by 639 shares

Rhea-AI Filing Summary

Avidbank Holdings, Inc. president and CEO Mark Daniel Mordell reported a small share disposition tied to restricted stock vesting. On the transaction, 639 shares of common stock were withheld by the issuer at $30.00 per share, based on the February 13, 2026 closing price, to cover tax obligations. Following this withholding, he directly owns 237,869 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MORDELL MARK DANIEL

Role Pres., CEO

Type	Security	Shares	Price	Value
Disposition	Common Stock	639	$30.00	$19K

Holdings After Transaction: Common Stock — 237,869 shares (Direct)

Footnotes (1)

1. Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on February 13, 2026. Closing price of issuer's common stock on February 13, 2026.

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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
02/14/2026

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

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	02/14/2026		D		639(1)	D	$30(2)	237,869	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 February 13, 2026.

2. Closing price of issuer's common stock on February 13, 2026.

Remarks:

	/s/Shawn Zeagler, Attorney-in-fact for Mark Daniel Mordell	02/18/2026
	** 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 insider transaction did Avidbank Holdings (AVBH) report for its CEO?

Avidbank Holdings reported its president and CEO, Mark Daniel Mordell, had 639 common shares withheld by the company. The shares were withheld in connection with the vesting of restricted stock, serving as a tax-related disposition back to the issuer rather than an open market sale.

How many Avidbank (AVBH) shares were disposed of in the latest Form 4?

The Form 4 shows a disposition of 639 Avidbank common shares. These shares were not sold on the open market but were withheld by the issuer upon restricted stock vesting, based on the closing share price used to satisfy related tax obligations.

At what price were the 639 AVBH shares valued in the CEO’s disposition?

The 639 Avidbank shares were valued at $30.00 per share for the disposition. This price reflects the issuer’s common stock closing price on February 13, 2026, which was used to calculate the value of shares withheld for tax purposes.

Why were Avidbank CEO Mark Mordell’s shares disposed of back to the issuer?

The shares were disposed of back to the issuer as part of tax withholding on restricted stock vesting. Instead of paying cash, 639 shares were withheld at the closing market price, a common method to cover income tax obligations on equity compensation.

How many Avidbank (AVBH) shares does the CEO own after this Form 4 transaction?

After the tax-related disposition, Mark Daniel Mordell directly owns 237,869 Avidbank common shares. This total reflects his remaining direct holdings following the withholding of 639 shares associated with the vesting of restricted stock awards.

Does the Avidbank CEO Form 4 show an open market sale of AVBH stock?

The Form 4 does not show an open market sale. It records a disposition to the issuer, where 639 shares were withheld upon restricted stock vesting at $30.00 per share, to satisfy tax obligations rather than representing a discretionary market transaction.