Avidbank (NASDAQ: AVBH) director Deutsch granted 1,500 shares, holds over 1M indirectly
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings director and 10% owner James F. Deutsch reported an equity grant of 1,500 shares of Common Stock. The award, coded as a grant or other acquisition, increased his directly held shares to 4,500. The filing also lists 1,050,918 shares of Common Stock held indirectly through the Patriot IV Funds, where he shares voting and dispositive power but disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Deutsch James F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,500 shares (Direct, null);
Common Stock — 1,050,918 shares (Indirect, See footnote 2.)
Footnotes (1)
- Not applicable. Shares held by Patriot Financial Partners IV, L.P. and Patriot Financial Partners Parallel IV, L.P. (collectively, the "Patriot IV Funds"). The Reporting Person is a member of Patriot Financial Partners GP IV LLC ("PFPGP IV LLC"), and a general partner of Patriot Financial Partners GP IV, LP ("PFPGP IV LP"). PFPGP IV LLC is the general partner of PFPGP IV LP, which is the general partner of each of the Patriot IV Funds. Reporting Person shares voting and dispositive power over shares of common stock held by the Patriot IV Funds but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest, if any, therein.
Key Figures
Equity grant: 1,500 shares
Direct holdings after grant: 4,500 shares
Indirect holdings: 1,050,918 shares
+2 more
5 metrics
Equity grant
1,500 shares
Common Stock grant coded as acquisition on 2026-05-19
Direct holdings after grant
4,500 shares
Total directly held Common Stock after the 1,500-share award
Indirect holdings
1,050,918 shares
Common Stock held indirectly via Patriot IV Funds
Grant price
$0.00 per share
Reported price for the 1,500-share Common Stock grant
Transaction code
A
Classified as grant, award, or other acquisition of Common Stock
Key Terms
Grant, award, or other acquisition, indirect ownership, dispositive power, pecuniary interest
4 terms
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I" for Patriot IV Funds"
dispositive power financial
"Reporting Person shares voting and dispositive power over shares of common stock"
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"disclaims beneficial ownership of such shares except to the extent of his pecuniary interest"
FAQ
What insider transaction did James F. Deutsch report at AVBH?
James F. Deutsch reported receiving 1,500 shares of Avidbank Holdings Common Stock as a grant or other acquisition. This increased his directly held position to 4,500 shares while leaving a much larger indirect holding through the Patriot IV Funds.
What indirect Avidbank Holdings stake is associated with James F. Deutsch?
The filing shows 1,050,918 Avidbank Holdings Common Stock shares held indirectly through the Patriot IV Funds. Deutsch shares voting and dispositive power over these shares but disclaims beneficial ownership except to the extent of his pecuniary interest in those investment entities.
Who actually holds the large indirect AVBH position in this Form 4?
The large indirect Avidbank Holdings position is held by Patriot Financial Partners IV, L.P. and Patriot Financial Partners Parallel IV, L.P. James F. Deutsch is affiliated with their general partners and shares voting and dispositive power over the shares held by these Patriot IV Funds.
Was the AVBH insider transaction an open-market buy or sale?
No, the transaction was not an open-market buy or sale. It is coded as “A,” described as a grant, award, or other acquisition of 1,500 Common Stock shares at $0.00 per share, indicating a compensation-related equity award to James F. Deutsch.