Avidbank grants president 15,625 restricted shares

Avidbank’s president received a 15,625-share restricted stock grant that vests after three years, increasing his direct equity holdings.

Rhea-AI Filing Summary

Avidbank Holdings, Inc. (symbol: AVBH) is the issuer of record for a Form 4 filing submitted to the SEC. Dale Jonathan Michael reported acquisition or exercise transactions in this Form 4 filing.

Avidbank Holdings, Inc. (AVBH) reported that its President, Dale Jonathan Michael, received a grant of 15,625 shares of common stock on September 15, 2026 as a restricted stock award under the company’s 2022 Equity Incentive Plan, as amended.

The award was granted at a stated price of $0.00 per share and is subject to a three-year cliff vesting schedule. Following this grant, Dale Jonathan Michael directly holds 15,625 shares of Avidbank common stock. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 15,625 shares

Grant/Award 1 txn

Insider Dale Jonathan Michael

Role PRESIDENT

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1, F2	15,625	$0.00	$0.00

Holdings After Transaction: Common Stock — 15,625 shares (Direct)

Footnotes (2)

1. F1. Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a three year cliff vesting schedule
2. F2. N/A

Key Figures

Restricted stock granted: 15,625 shares Stated grant price: $0.00 per share Shares held after transaction: 15,625 shares +2 more

5 metrics

Restricted stock granted 15,625 shares Common stock award to the President on September 15, 2026

Stated grant price $0.00 per share Reported transaction price for the restricted stock award

Shares held after transaction 15,625 shares Direct holdings of the President following the grant

Cliff vesting period 3 years Restricted stock subject to a three-year cliff vesting schedule

Number of acquire-type transactions 1 transaction Form 4 reports one grant, award, or other acquisition of common stock

Key Terms

Restricted stock, 2022 Equity Incentive Plan, three year cliff vesting schedule, Rule 10b5-1

4 terms

Restricted stock financial

"Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan"

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

"granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended"

three year cliff vesting schedule financial

"subject to a three year cliff vesting schedule"

Rule 10b5-1 regulatory

"No Rule 10b5-1 trading plan is reported for this transaction"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Avidbank Holdings, Inc. (AVBH) report for its President?

Avidbank reported that President Dale Jonathan Michael received a grant of 15,625 shares of common stock as restricted stock on September 15, 2026 under the company’s 2022 Equity Incentive Plan, as amended.

At what price was the restricted stock granted to the AVBH President?

The restricted stock granted to the Avidbank (AVBH) President was reported at a stated price of $0.00 per share, reflecting a compensation award rather than an open-market purchase.

What is the vesting schedule for the 15,625 restricted shares granted by AVBH?

The 15,625 restricted shares granted to the Avidbank (AVBH) President are subject to a three-year cliff vesting schedule, meaning the shares vest in full after three years rather than gradually over time.

How many AVBH shares does the President hold after this restricted stock grant?

After the reported grant, President Dale Jonathan Michael directly holds 15,625 shares of Avidbank (AVBH) common stock, according to the Form 4 disclosure.

Was the AVBH President’s restricted stock grant made under a Rule 10b5-1 trading plan?

No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating that the transaction was made pursuant to a Rule 10b5-1 trading plan.

Under which plan was the AVBH President’s restricted stock grant issued?

The restricted stock grant of 15,625 shares to the Avidbank (AVBH) President was issued under the company’s 2022 Equity Incentive Plan, as amended, as described in the footnote.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/17/2026 - 09:03 AM Accepted by SEC EDGAR 09/17/2026 - 09:02 AM Learn about SEC filing dates

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^*

Dale Jonathan Michael

(Last) (First) (Middle)

1732 N 1ST STREET

6TH FLOOR

(Street)

SAN JOSE CALIFORNIA 95112

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Avidbank Holdings, Inc. [ AVBH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)	09/15/2026		A		15,625	A	$0(2)	15,625	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 cliff vesting schedule

2. N/A

	/s/ Shawn Zeagler, Attorney-in-fact for Jonathan Dale	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)