Avidbank (AVBH) EVP has 145 restricted shares withheld to issuer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings executive Victor Francesco E. DeMarco, EVP and Chief Legal Counsel, reported an issuer disposition of 145 shares of common stock. These shares were withheld upon vesting of restricted stock based on the $30.00 closing price on February 13, 2026. After this tax withholding, he directly holds 16,722 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DEMARCO VICTOR FRANCESCO E.
Role
EVP, Chief Legal Counsel, Secy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock | 145 | $30.00 | $4K |
Holdings After Transaction:
Common Stock — 16,722 shares (Direct)
Footnotes (1)
- Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on February 13, 2026. Closing price of issuer's common stock on February 13, 2026.
FAQ
What insider transaction did Avidbank Holdings (AVBH) report for Victor DeMarco?
Avidbank Holdings reported an issuer disposition of 145 common shares for executive Victor Francesco E. DeMarco. The shares were withheld upon vesting of restricted stock, effectively returned to the issuer rather than sold in the open market.
Was Victor DeMarco’s AVBH Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The Form 4 describes a disposition to the issuer, with shares withheld upon vesting of restricted stock to satisfy obligations, based on the stock’s closing price on February 13, 2026.
What does the disposition code "D" mean in the AVBH Form 4 for Victor DeMarco?
The code "D" in Victor DeMarco’s Form 4 indicates a disposition to the issuer. In this case, it reflects 145 shares of common stock withheld upon restricted stock vesting, rather than a market purchase or sale.