Avidbank (AVBH) Insider Filing: Mordell Reports 228,693 Shares After Sale

Rhea-AI Filing Summary

Mark Daniel Mordell, President & CEO and a director of Avidbank Holdings, Inc. (AVBH), reported a sale of 1,216 shares of the issuer's common stock on 09/20/2025. The Form 4 shows the transaction coded as a disposition with a reported price of $0 and indicates 228,693 shares were beneficially owned following the reported transaction. The filing was signed by an attorney-in-fact, Shawn Zeagler, on 09/22/2025.

Positive

• Timely disclosure of insider transaction via Form 4 filed and signed on 09/22/2025
• Post-transaction beneficial ownership is documented as 228,693 shares, showing retained stake

Negative

• Insider disposition of 1,216 shares was reported (sale/disposition)
• Reported price of $0 for the transaction is anomalous and reduces clarity about economic terms

Insights

Financial Analyst

TL;DR: Insiders disclosed a small disposition; remaining stake is substantial, and the filing provides ownership detail.

The reported sale of 1,216 shares is a relatively small change versus the reported post-transaction holding of 228,693 shares, suggesting the reporting person retained a materially larger position. The Form 4 provides transparent disclosure of the trade date and resulting beneficial ownership. The reported price of $0 is unusual and should be verified against the company filing for clarity; as presented, it prevents clear assessment of proceeds or percent of holdings sold.

Corporate Governance Expert

TL;DR: The filing fulfills Section 16 reporting obligations but contains an anomalous price entry that limits interpretability.

The Form 4 identifies the reporting person as both an officer and director and records a disposition on 09/20/2025. The document was timely signed by an attorney-in-fact. The unusual entry of a $0 price should be noted for record completeness; it may reflect a non-cash transfer or a reporting artifact, but the form itself does not explain the reason. The filing meets disclosure requirements by reporting post-transaction beneficial ownership.

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
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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^*

MORDELL MARK DANIEL

(Last) (First) (Middle)

1732 N 1ST STREET

6TH FLOOR

(Street)

SAN JOSE CA 95112

(City) (State) (Zip)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres., CEO

3. Date of Earliest Transaction (Month/Day/Year)
09/20/2025

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

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

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

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	09/20/2025		D		1,216	D	$0	228,693	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:

Remarks:

	/s/Shawn Zeagler, Attorney-in-fact for Mark Daniel Mordell	09/22/2025
	** 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.

FAQ

What insider transaction did AVBH report on this Form 4?

The Form 4 reports that Mark Daniel Mordell disposed of 1,216 shares of Avidbank Holdings common stock on 09/20/2025.

How many AVBH shares did the reporting person own after the reported transaction?

The filing shows the reporting person beneficially owned 228,693 shares following the reported transaction.

What is the reported price for the AVBH transaction?

The Form 4 lists a transaction price of $0 for the disposition; the filing does not explain the reason for that price.

Who filed and signed the AVBH Form 4 for the reporting person?

The Form 4 was signed on behalf of Mark Daniel Mordell by Shawn Zeagler, Attorney-in-fact on 09/22/2025.

What roles does the reporting person hold at AVBH?

The Form 4 identifies Mark Daniel Mordell as a Director and an Officer (President, CEO) of Avidbank Holdings.