Avidbank (AVBH) director receives 1,500-share restricted stock grant under 2022 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jensen Keith reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings director Keith Jensen reported receiving a grant of 1,500 shares of common stock. The shares were awarded at a price of $0.00 per share as equity compensation and are described as restricted stock granted under the company’s 2022 Equity Incentive Plan, as amended.
The award is subject to a one-year annual vesting schedule, meaning the shares will vest over that period rather than all at once. After this grant, Jensen directly holds 1,500 shares of Avidbank common stock, indicating this filing reflects an initial or early-stage equity position rather than a sale or disposal.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jensen Keith
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,500 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 granted: 1,500 shares
Grant price per share: $0.00 per share
Shares held after transaction: 1,500 shares
+1 more
4 metrics
Restricted stock granted
1,500 shares
Common Stock grant on 2026-05-19
Grant price per share
$0.00 per share
Equity award compensation (no cash purchase)
Shares held after transaction
1,500 shares
Total direct holdings following grant
Vesting schedule
One-year annual vesting
Restricted stock under 2022 Equity Incentive 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, as amended, subject to a one year annual vesting schedule"
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
"Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a one year annual vesting schedule"
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) director Keith Jensen report?
Director Keith Jensen reported receiving a grant of 1,500 shares of Avidbank Holdings common stock. The award was issued as restricted stock under the 2022 Equity Incentive Plan, with no cash purchase involved and subject to a one-year vesting schedule.
Was the AVBH insider transaction a stock purchase or a grant?
The AVBH insider transaction was a grant, not an open-market purchase. Keith Jensen received 1,500 restricted shares at $0.00 per share as an equity award, classified as a grant, award, or other acquisition rather than a discretionary buy or sell.
What are the vesting terms of Keith Jensen’s AVBH restricted stock award?
The restricted stock grant to Keith Jensen is subject to a one-year annual vesting schedule. This means the awarded 1,500 shares will vest over a one-year period under the issuer’s 2022 Equity Incentive Plan, rather than being fully vested immediately.
Under which plan was the AVBH restricted stock granted to Keith Jensen?
The 1,500 restricted shares were granted under Avidbank Holdings’ 2022 Equity Incentive Plan, as amended. This plan governs the terms of the equity award, including the one-year vesting schedule and the structure of the restricted stock compensation for the director.