Avidbank Holdings (AVBH) director receives 1,500 restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Scott Robert H reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings, Inc. director Scott Robert H received a grant of 1,500 shares of restricted common stock on May 19, 2026. The award was made at no cash cost under the company’s 2022 Equity Incentive Plan and is subject to a one year annual vesting schedule. Following this equity grant, he directly holds 15,199 shares of Avidbank common stock. This is a routine compensation-related stock award rather than an open-market share purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Scott Robert H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 15,199 shares (Direct, null)
Footnotes (1)
- Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a one year annual vesting schedule N/A
Key Figures
Restricted stock grant: 1,500 shares
Price per granted share: $0.0000 per share
Shares held after grant: 15,199 shares
+1 more
4 metrics
Restricted stock grant
1,500 shares
Common Stock award on May 19, 2026
Price per granted share
$0.0000 per share
Grant price for restricted stock
Shares held after grant
15,199 shares
Total direct holdings following transaction
Vesting schedule
one year annual vesting
Restricted stock vesting terms under 2022 plan
Key Terms
Restricted stock, 2022 Equity Incentive Plan, vesting schedule, Grant, award, or other acquisition
4 terms
Restricted stock financial
"Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2022 Equity Incentive Plan financial
"granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended"
vesting schedule financial
"subject to a one year annual vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What insider transaction did Avidbank Holdings (AVBH) report for Scott Robert H?
Avidbank reported that director Scott Robert H received 1,500 shares of restricted common stock as an equity grant. The award was made at no cash cost as part of his compensation under the 2022 Equity Incentive Plan.
Was the AVBH insider transaction an open-market buy or a stock grant?
The AVBH filing shows a stock grant, not an open-market purchase. Code A indicates a grant or award, and the 1,500 restricted shares were issued under the 2022 Equity Incentive Plan at no cash price per share.
What are the vesting terms for the new AVBH restricted stock grant?
The 1,500 restricted Avidbank shares are subject to a one year annual vesting schedule. This means the director must remain in service through the specified vesting period before all granted shares fully vest and are no longer subject to forfeiture.
Under which plan was the AVBH restricted stock granted to the director?
The restricted stock was granted under Avidbank’s 2022 Equity Incentive Plan, as amended. This plan governs how equity awards like restricted stock are issued to directors, executives, and employees as part of their compensation packages.