Avidbank (AVBH) EVP surrenders 103 shares on restricted stock vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings, Inc. executive Tami Laura Benedict, EVP and Chief of Staff, reported a small insider share disposition tied to equity compensation. On restricted stock vesting, 103 shares of common stock were withheld and transferred back to the issuer at $29.67 per share, based on the closing price on February 23, 2026. After this tax-withholding related disposition to the issuer, Benedict directly holds 25,414 shares of Avidbank common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BENEDICT TAMI LAURA
Role
EVP, Chief of Staff
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 103 | $29.67 | $3K |
Holdings After Transaction:
Common Stock — 25,414 shares (Direct)
Footnotes (1)
- Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on February 23, 2026. Closing price of issuer's common stock on February 23, 2026.
FAQ
What insider transaction did Avidbank (AVBH) report for Tami Laura Benedict?
Avidbank reported that EVP and Chief of Staff Tami Laura Benedict had 103 common shares withheld and transferred back to the issuer upon restricted stock vesting, using the February 23, 2026 closing price as the valuation basis for the shares.
Was the Avidbank (AVBH) insider transaction an open-market sale?
No, the Avidbank transaction was not an open-market sale. The 103 shares were withheld and disposed to the issuer upon vesting of restricted stock, effectively covering obligations using the February 23, 2026 closing price per share rather than selling shares in the market.
What does the disposition to issuer in the Avidbank (AVBH) Form 4 mean?
The disposition to issuer means 103 restricted shares were surrendered back to Avidbank, not sold on the market. This occurred upon vesting of restricted stock, with the closing price on February 23, 2026 used to value the transaction and update Benedict’s reported share ownership.