Avidbank (NASDAQ: AVBH) CEO reports 637-share restricted stock withholding

Rhea-AI Filing Summary

Avidbank Holdings, Inc. president and CEO Mark Daniel Mordell reported a small share disposition tied to restricted stock vesting. On February 23, 2026, 637 shares of common stock were withheld upon vesting of restricted common stock at a closing price of $29.67 per share. After this transaction, he directly owned 237,232 common shares.

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^*

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)
02/23/2026

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		637(1)	D	$29.67(2)	237,232	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 Mark Daniel Mordell	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 insider transaction did Avidbank Holdings (AVBH) report for Mark Daniel Mordell?

Avidbank Holdings reported that president and CEO Mark Daniel Mordell disposed of 637 shares of common stock to the issuer. The shares were withheld upon vesting of restricted stock on February 23, 2026, at a closing price of $29.67 per share.

How many AVBH shares did the CEO dispose of in the latest Form 4 filing?

The CEO disposed of 637 shares of Avidbank Holdings common stock. These shares were withheld upon vesting of restricted common stock based on the issuer’s closing stock price on February 23, 2026, rather than an open-market sale transaction.

At what price were the AVBH shares valued in the CEO’s February 23, 2026 transaction?

The shares in the CEO’s February 23, 2026 transaction were valued at $29.67 per share. This amount reflects the closing price of Avidbank Holdings’ common stock on that date, as used for the restricted stock vesting-related share withholding.

How many Avidbank Holdings (AVBH) shares does the CEO hold after the reported transaction?

After the reported disposition, the CEO directly owns 237,232 shares of Avidbank Holdings common stock. This figure reflects his direct ownership following the 637 shares withheld upon vesting of restricted common stock on February 23, 2026.

Was the AVBH CEO’s Form 4 transaction an open-market sale of shares?

The transaction was reported as a disposition to the issuer rather than an open-market sale. The 637 shares were withheld upon vesting of restricted common stock, using the issuer’s February 23, 2026 closing share price of $29.67 for valuation.