Avidbank (AVBH) EVP DeMarco has 124 restricted shares withheld to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings, Inc. executive Victor Francesco E. DeMarco, EVP and Chief Legal Counsel, reported a disposition of 124 shares of common stock at $29.67 per share on February 23, 2026. According to footnotes, these shares were withheld upon vesting of restricted stock based on the closing price. After this tax-related withholding, he directly holds 16,598 common shares.
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 |
|---|---|---|---|---|
| Disposition | Common Stock | 124 | $29.67 | $4K |
Holdings After Transaction:
Common Stock — 16,598 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 did Avidbank Holdings (AVBH) insider Victor DeMarco report on this Form 4?
Victor Francesco E. DeMarco reported a disposition of 124 shares of Avidbank Holdings common stock. The shares were withheld by the issuer upon vesting of restricted stock, using the closing price on February 23, 2026, rather than sold in an open-market transaction.
What is the role of Victor DeMarco at Avidbank Holdings (AVBH)?
Victor Francesco E. DeMarco serves as Executive Vice President, Chief Legal Counsel, and Secretary at Avidbank Holdings, Inc. His Form 4 filing reports changes in his direct ownership of Avidbank common stock, including tax-related dispositions tied to restricted stock vesting.