4/A: Avidbank COO's Stock Vesting & Tax Withholding
Insider Transaction Report
Avidbank Holdings, Inc. EVP and COO Gina N. Thoma reported the withholding of 754 common shares for tax purposes following a restricted stock vesting event.
Summary
- Gina N. Thoma, Executive Vice President and Chief Operating Officer of Avidbank Holdings, Inc. (AVBH), reported a transaction involving company common stock.
- On September 20, 2025, 754 shares of common stock were disposed of (withheld) to cover tax obligations upon the vesting of restricted common stock.
- The shares were withheld at a price of $26.23 per share, which was the closing price of the issuer's common stock on September 19, 2025.
- Following this transaction, Gina N. Thoma beneficially owns 30,882 shares of Avidbank Holdings, Inc. common stock directly.
- This filing is an amendment to an original Form 4 filed on September 22, 2025.
Sentiment
Score: 5
Explanation: The filing reports a neutral, routine transaction (tax withholding upon restricted stock vesting) that does not indicate any positive or negative operational or financial developments for the company.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4/A filing.
Industry Context
This is a routine insider transaction, common for executives whose compensation includes restricted stock units. The withholding of shares for tax purposes upon vesting is a standard, non-discretionary event and does not typically reflect a change in the executive's investment sentiment or the company's operational performance.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction related to executive compensation and tax obligations, not a discretionary sale or purchase.
Key Dates
| Date | Description |
|---|---|
| 09/19/2025 | Closing price of issuer's common stock ($26.23) used for tax withholding calculation. |
| 09/20/2025 | Date of transaction where 754 shares were withheld upon vesting of restricted common stock. |
| 09/22/2025 | Date the original Form 4, which this filing amends, was filed. |
| 09/23/2025 | Date the amended Form 4 was signed by the attorney-in-fact for Gina N. Thoma. |
Recommendation
holdThis Form 4/A filing reports a routine, non-discretionary transaction related to the vesting of restricted stock and subsequent tax withholding. It does not indicate any change in the company's fundamentals or the executive's investment thesis, thus a 'hold' recommendation is maintained as this event does not provide new information to alter an investment decision.
Keywords
Avidbank Holdings, AVBH, Form 4, Insider Transaction, Stock Vesting, Executive Compensation, Tax Withholding
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