Avidbank (AVBH) CFO Oakes reports 295-share issuer disposition on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings EVP and CFO Patrick Timothy Oakes reported an issuer-related share disposition tied to restricted stock vesting. On February 23, 2026, 295 shares of common stock were withheld upon vesting, using a $29.67 closing share price. After this transaction, he directly owns 39,062 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Oakes Patrick Timothy
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 295 | $29.67 | $9K |
Holdings After Transaction:
Common Stock — 39,062 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 Holdings (AVBH) report for Patrick Timothy Oakes?
Avidbank Holdings reported that EVP and CFO Patrick Timothy Oakes had 295 common shares withheld upon vesting of restricted stock. The shares were valued using the issuer’s February 23, 2026 closing price of $29.67 per share, reflecting an issuer disposition, not an open-market trade.
Was the Avidbank (AVBH) Form 4 transaction an open-market sale by Patrick Oakes?
No, the transaction was reported as a disposition to the issuer, not an open-market sale. Footnotes explain that 295 shares were withheld upon vesting of restricted common stock, based on Avidbank’s $29.67 closing price on February 23, 2026.
What role does Patrick Timothy Oakes hold at Avidbank Holdings (AVBH) in this Form 4?
In the Form 4, Patrick Timothy Oakes is identified as Executive Vice President and Chief Financial Officer. He is not listed as a director or 10% owner, and the reported transaction involves directly held Avidbank common stock tied to restricted share vesting.