Avidbank (AVBH) EVP granted 1,675 restricted stock shares in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings, Inc. executive Victor Francesco E. DeMarco reported an equity award of company stock. On 02/13/2026, he acquired 1,675 shares of Avidbank common stock as a grant under the issuer's 2022 Equity Incentive Plan, at a stated price of $0 per share.
The award consists of restricted stock subject to a three-year annual vesting schedule. Following this grant, DeMarco beneficially owns 16,867 shares of Avidbank common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEMARCO VICTOR FRANCESCO E.
Role
EVP, Chief Legal Counsel, Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,675 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,867 shares (Direct)
Footnotes (1)
- Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a three year annual vesting schedule. N/A
FAQ
What insider transaction did Avidbank (AVBH) report in this Form 4?
The filing reports an equity award to executive Victor Francesco E. DeMarco. On 02/13/2026, he received 1,675 shares of Avidbank common stock as a restricted stock grant, with no cash price per share, under the 2022 Equity Incentive Plan.
Who is the insider involved in the latest Avidbank (AVBH) Form 4 filing?
The insider is Victor Francesco E. DeMarco, an officer of Avidbank Holdings, Inc. He serves as EVP, Chief Legal Counsel and Secretary. The Form 4 shows his acquisition of restricted common stock through an equity award granted on 02/13/2026 under the company’s incentive plan.
What vesting terms apply to the Avidbank (AVBH) restricted stock grant?
The restricted stock is subject to a three-year annual vesting schedule. This means the awarded shares will vest in installments over three years, as specified under Avidbank’s 2022 Equity Incentive Plan, as amended, rather than becoming fully vested immediately on the grant date.
Under which plan was the Avidbank (AVBH) restricted stock granted?
The restricted shares were granted under Avidbank Holdings, Inc.’s 2022 Equity Incentive Plan, as amended. This plan governs equity awards such as restricted stock for eligible participants, and the grant to Victor Francesco E. DeMarco follows its terms, including the three-year annual vesting schedule.
What is Victor DeMarco’s ownership in Avidbank (AVBH) after this grant?
After the restricted stock grant, Victor Francesco E. DeMarco beneficially owns 16,867 shares of Avidbank common stock. The Form 4 indicates these shares are held as direct ownership, reflecting the updated total following the 1,675-share equity award on 02/13/2026.