Avidbank (AVBH) EVP granted 1,870 restricted shares in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings, Inc. executive Elisabeth Foussianes, EVP and Chief Credit Officer, reported an equity grant of company stock. On 02/13/2026 she acquired 1,870 shares of common stock at $0 per share as a restricted stock award under the issuer's 2022 Equity Incentive Plan, subject to a three-year annual vesting schedule. Following this award, she beneficially owns 8,070 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
FOUSSIANES ELISABETH
Role
EVP, Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,870 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,070 shares (Direct)
Footnotes (1)
- Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a three year annual vesting schedule. N/A
FAQ
What insider transaction did Avidbank Holdings (AVBH) report for Elisabeth Foussianes?
Avidbank reported that EVP and Chief Credit Officer Elisabeth Foussianes received a grant of 1,870 shares of common stock. The award is reported as an acquisition at $0 per share and increases her directly held beneficial ownership to 8,070 shares.
Was the Avidbank (AVBH) insider transaction a purchase or an award?
The transaction was an award, not an open‑market purchase. Form 4 describes it as a grant or other acquisition of 1,870 common shares at $0 per share under Avidbank’s 2022 Equity Incentive Plan, rather than a cash purchase on the market.
What are the vesting terms of the Avidbank (AVBH) restricted stock granted to Foussianes?
The 1,870 restricted shares granted to Foussianes vest over three years. The footnote explains they were issued under Avidbank’s 2022 Equity Incentive Plan and are subject to a three‑year annual vesting schedule, meaning portions vest each year during that period.
Which Avidbank (AVBH) equity plan governs the reported restricted stock grant?
The restricted stock grant was made under Avidbank’s 2022 Equity Incentive Plan. The Form 4 footnote states the 1,870 shares were granted pursuant to this plan, as amended, and are subject to a three‑year annual vesting schedule tied to that equity program’s terms.
What is Elisabeth Foussianes’s role at Avidbank Holdings (AVBH) in this Form 4?
In this filing, Elisabeth Foussianes is identified as an officer of Avidbank Holdings, serving as EVP and Chief Credit Officer. The Form 4 notes her status as an officer, not a director or 10% owner, in connection with the reported restricted stock grant.