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Avidbank Holdings (AVBH) CEO awarded 5,725 restricted shares in grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Avidbank Holdings, Inc. reported an equity award to its President and CEO, Mark Daniel Mordell. On 02/13/2026, he acquired 5,725 shares of common stock as a grant at a reported price of $0 per share under the company’s 2022 Equity Incentive Plan.

The award is in the form of restricted stock subject to a three-year annual vesting schedule. Following this grant, Mordell directly beneficially owns 238,508 shares of Avidbank common stock.

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Insider MORDELL MARK DANIEL
Role Pres., CEO
Type Security Shares Price Value
Grant/Award Common Stock 5,725 $0.00 --
Holdings After Transaction: Common Stock — 238,508 shares (Direct)
Footnotes (1)
  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
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
MORDELL MARK DANIEL

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Pres., CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026
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(1) 02/13/2026 A 5,725 A $0(2) 238,508 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. Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a three year annual vesting schedule.
2. N/A
Remarks:
/s/Shawn Zeagler, Attorney-in-fact for Mark Daniel Mordell 02/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did AVBH report for Mark Daniel Mordell?

Avidbank Holdings reported that President and CEO Mark Daniel Mordell received 5,725 shares of common stock as a restricted stock grant. The award was recorded at $0 per share as compensation rather than an open-market purchase.

How many AVBH shares does Mark Daniel Mordell own after this grant?

After the reported grant, Mark Daniel Mordell beneficially owns 238,508 shares of Avidbank Holdings common stock. These shares are held directly in his name, according to the ownership information disclosed in the insider filing.

What was the price per share for the AVBH restricted stock grant?

The restricted stock grant to Mark Daniel Mordell was reported at $0 per share, reflecting a compensation award rather than a cash purchase. Such equity grants are commonly used as part of executive incentive and retention programs.

What type of equity award did AVBH grant to its CEO?

Avidbank Holdings granted its CEO restricted stock under the company’s 2022 Equity Incentive Plan. The award consists of 5,725 common shares that vest over three years, aligning part of his compensation with the company’s long-term performance.

When did the reported AVBH insider equity grant take place?

The reported equity grant to Mark Daniel Mordell occurred on February 13, 2026. This date is listed as the transaction date for the award of 5,725 restricted shares of Avidbank Holdings common stock on the Form 4 insider filing.