Avidbank (AVBH) Insider Grant: 1,000 Shares with 3-Year Cliff Vest

Rhea-AI Filing Summary

Gina N. Thoma, listed as EVP, COO of Avidbank Holdings, Inc. (AVBH), reported a non-derivative acquisition on 09/30/2025 in a Form 4 filing. She was granted 1,000 shares of common stock under the company's 2022 Equity Incentive Plan at an indicated price of $0 (N/A). The restricted shares are subject to a three-year cliff vesting schedule. After the grant, Ms. Thoma beneficially owns 31,882 shares. The Form 4 was signed by an attorney-in-fact on 10/02/2025. The filing documents an insider equity award with multi-year vesting rather than an open-market purchase or sale.

Positive

• 1,000 restricted shares granted to an executive under the 2022 Equity Incentive Plan
• Post-grant insider stake of 31,882 shares indicating ongoing management ownership
• Grant uses three-year cliff vesting to align executive incentives with long-term performance

Negative

• Three-year cliff vesting delays potential value realization for the reporting person
• Grant is not an open-market purchase; no immediate increase in free-floating shares for liquidity

Insights

Corporate Governance Expert

Insider received restricted equity with a multi-year vesting schedule.

The grant of 1,000 restricted shares to Gina N. Thoma aligns management pay with long-term performance because the award vests after a three-year cliff. This structure delays ownership benefits and retention incentives until vesting occurs.

The filing shows a post-grant beneficial ownership of 31,882 shares, which is relevant for assessing insider alignment but does not by itself indicate a change in control or large position shift.

Compensation & HR Expert

Equity award appears to be routine long-term incentive compensation.

The use of the 2022 Equity Incentive Plan and a cliff vesting schedule suggests the grant is intended for retention and long-term alignment rather than immediate liquidity. The grant price shown as $0 (N/A) is consistent with restricted stock awards rather than a market purchase.

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

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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^*

THOMA GINA N.

(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, COO

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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(1)	09/30/2025		A		1,000	A	$0(2)	31,882	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. Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a three year cliff vesting schedule.

2. "N/A"

Remarks:

	/s/Shawn Zeagler, Attorney-in-fact for Gina N Thoma	10/02/2025
	** 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 and what is their role?

The Form 4 was filed for Gina N. Thoma, who is identified as EVP, COO of Avidbank Holdings (AVBH).

What transaction was reported on the AVBH Form 4 dated 09/30/2025?

The filing reports the acquisition of 1,000 restricted common shares on 09/30/2025 under the 2022 Equity Incentive Plan.

What vesting terms apply to the shares granted in the Form 4?

The restricted shares are subject to a three-year cliff vesting schedule, per the filing's explanation.

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

Following the reported grant, the reporting person beneficially owns 31,882 shares.

When was the Form 4 signed and by whom?

The Form 4 was signed by Shawn Zeagler, Attorney-in-fact for Gina N Thoma on 10/02/2025.