Avidbank Holdings (AVBH) CEO reports 845-share disposition to issuer
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORDELL MARK DANIEL
Role
Pres., CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 845 | $29.545 | $25K |
Holdings After Transaction:
Common Stock — 236,387 shares (Direct)
Footnotes (1)
- Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on February 24, 2026. Closing price of issuer's common stock on February 24, 2026.
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.
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.