Avidbank (NASDAQ: AVBH) EVP Gina Thoma surrenders 270 shares on vesting

Rhea-AI Filing Summary

Avidbank Holdings, Inc. executive Gina N. Thoma, EVP and COO, reported a disposition of common stock tied to restricted stock vesting. On February 23, 2026, 270 shares of common stock were withheld and returned to the issuer at a price of $29.67 per share, based on the closing market price on that date. After this tax-related share withholding, she beneficially owns 35,787 common shares directly.

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

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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).

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^*

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)
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		270(1)	D	$29.67(2)	35,787	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 Gina N Thoma	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Avidbank Holdings (AVBH) executive Gina N. Thoma report in this Form 4?

Gina N. Thoma reported a disposition of 270 shares of Avidbank common stock. The shares were withheld upon vesting of restricted stock and returned to the issuer at the February 23, 2026 closing price of $29.67 per share.

Was the AVBH Form 4 transaction by Gina N. Thoma an open-market sale?

No, the AVBH transaction was a disposition to the issuer, not an open-market sale. The 270 shares were withheld upon vesting of restricted common stock, using the February 23, 2026 closing price of $29.67 to determine the share amount.

How many Avidbank (AVBH) shares does Gina N. Thoma own after this Form 4 transaction?

After the reported disposition, Gina N. Thoma directly owns 35,787 shares of Avidbank common stock. This figure reflects her holdings following the withholding of 270 shares upon the vesting of restricted stock on February 23, 2026.

What price was used for the AVBH shares withheld in Gina N. Thoma’s Form 4?

The withheld AVBH shares were valued at $29.67 per share. This amount represents the closing price of Avidbank’s common stock on February 23, 2026, which was used to calculate the 270 shares returned to the issuer.

Why were 270 AVBH shares disposed of in Gina N. Thoma’s Form 4 filing?

The 270 AVBH shares were withheld upon vesting of restricted common stock. According to the filing footnote, they were returned to the issuer based on the February 23, 2026 closing price, a common method to satisfy tax obligations on vesting.

What is the transaction code used in Gina N. Thoma’s AVBH Form 4 and what does it mean?

The Form 4 uses transaction code “D,” indicating a disposition to the issuer. In this case, 270 Avidbank common shares were withheld and returned to the company when restricted stock vested, rather than being sold in the open market.