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Avidbank (AVBH) EVP surrenders 103 shares on restricted stock vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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*
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)
02/23/2026
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 02/23/2026 D 103(1) D $29.67(2) 25,414 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 23, 2026.
2. Closing price of issuer's common stock on February 23, 2026.
Remarks:
/s/Shawn Zeagler, Attorney-in-fact for Tami Laura Benedict 02/24/2026
** 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 (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.

How many Avidbank (AVBH) shares does Tami Laura Benedict hold after the filing?

After the reported disposition, EVP and Chief of Staff Tami Laura Benedict directly holds 25,414 Avidbank common shares. This figure reflects her updated ownership following the withholding and transfer of 103 shares back to the issuer in connection with restricted stock vesting.

What price was used for the Avidbank (AVBH) share withholding in the Form 4?

The Form 4 states that the closing price of Avidbank’s common stock on February 23, 2026, $29.67 per share, was used to value the 103 withheld shares. This price determined the disposition amount for the shares transferred back to the issuer.

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.
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