Form 4: Avidbank COO Thoma Disposes 754 Shares Under 10b5-1 Plan

Avidbank Holdings, Inc. EVP and COO Gina N. Thoma reported the disposition of 754 shares of common stock under a pre-arranged Rule 10b5-1 plan.

Summary

• Gina N. Thoma, Executive Vice President and Chief Operating Officer of Avidbank Holdings, Inc. (AVBH), reported a transaction on September 20, 2025.
• The transaction involved the disposition of 754 shares of Avidbank Holdings, Inc. common stock.
• The shares were disposed of at a price of $0 per share.
• Following this transaction, Gina N. Thoma beneficially owns 30,882 shares of common stock directly.
• The 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).

Sentiment

Score: 5

Explanation: The sentiment is neutral. This Form 4 reports a routine, pre-planned insider disposition of shares at a $0 price, likely related to compensation or tax planning under a Rule 10b5-1 plan. It does not inherently signal a change in company fundamentals or management's long-term outlook.

Negatives

• An executive disposed of 754 shares of common stock, reducing their direct beneficial ownership.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction for a bank holding company, reflecting an executive's pre-planned disposition of shares. Such transactions are common and typically do not indicate a shift in the company's strategic direction or financial health.

Stakeholder Impact

• Shareholders: The disposition of shares by an executive slightly reduces insider ownership, but given it's a pre-planned transaction at $0, the direct impact on shareholder sentiment or company valuation is likely minimal.

Key Dates

Recommendation

This Form 4 reports a routine, pre-planned disposition of shares by an executive under a Rule 10b5-1 plan. Such a transaction, especially at a $0 price, typically does not provide new fundamental information to warrant a change in investment recommendation. Investors should continue to consider broader company performance, financial results, and market conditions rather than this isolated insider filing.

Keywords

Avidbank Holdings, AVBH, Gina N. Thoma, Form 4, insider transaction, common stock, disposition, Rule 10b5-1