Avidbank Holdings (AVBH) CEO reports 845-share disposition to issuer

Rhea-AI Filing Summary

Avidbank Holdings, Inc. President and CEO Mark Daniel Mordell reported a routine share withholding related to equity compensation. On February 24, 2026, 845 shares of common stock were disposed of to the issuer at the closing price of $29.545 per share upon vesting of restricted stock. After this issuer disposition, he directly holds 236,387 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)
02/24/2026

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	02/24/2026		D		845(1)	D	$29.545(2)	236,387	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 24, 2026.

2. Closing price of issuer's common stock on February 24, 2026.

Remarks:

	/s/Shawn Zeagler, Attorney-in-fact for Mark Daniel Mordell	02/26/2026
	** 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).
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FAQ

What insider transaction did Avidbank Holdings (AVBH) report for its CEO?

Avidbank Holdings reported that CEO Mark Daniel Mordell had 845 common shares disposed of to the issuer upon vesting of restricted stock at $29.545 per share. This was a routine equity-compensation-related transaction, not an open-market buy or sell.

Was the Avidbank (AVBH) CEO’s Form 4 transaction an open-market sale?

No, the CEO’s Form 4 transaction was not an open-market sale. The 845 shares were withheld and disposed to the issuer upon vesting of restricted common stock, based on the $29.545 closing share price on February 24, 2026.

How many Avidbank (AVBH) shares does the CEO own after this Form 4?

After this transaction, Avidbank CEO Mark Daniel Mordell directly owns 236,387 shares of common stock. This figure reflects his holdings following the disposition of 845 shares to the issuer connected with restricted stock vesting.

What price was used for the Avidbank (AVBH) CEO’s share withholding?

The transaction used the $29.545 closing price of Avidbank common stock on February 24, 2026. This price applied to the 845 shares withheld and disposed to the issuer upon vesting of restricted common stock reported on the Form 4.

What does the transaction code on the Avidbank (AVBH) CEO Form 4 mean?

The Form 4 shows transaction code “D,” described as a disposition to the issuer. In this case, 845 shares were withheld upon vesting of restricted stock and transferred back to Avidbank, rather than sold on the open market.