Form 4: Avidbank Legal Counsel Disposes of 439 Shares

Avidbank Holdings' EVP, Chief Legal Counsel, and Secretary, Victor Francesco E. DeMarco, reported the disposition of 439 common shares.

Summary

• Victor Francesco E. DeMarco, Executive Vice President, Chief Legal Counsel, and Secretary of Avidbank Holdings, Inc. (AVBH), reported a change in beneficial ownership.
• The transaction involved the disposition of 439 shares of Avidbank Holdings Common Stock.
• The disposition occurred on September 20, 2025, with a reported price of $0 per share.
• Following this transaction, Mr. DeMarco beneficially owns 13,662 shares of Common Stock directly.
• The transaction was made pursuant to a Rule 10b5-1(c) contract, instruction, or written plan for the purchase or sale of equity securities.

Sentiment

Score: 5

Explanation: The disposition of a small number of shares by an executive, especially under a 10b5-1 plan, is generally considered a routine and neutral event, often related to personal financial planning or tax obligations upon equity vesting, and does not typically indicate a significant change in company outlook.

Stakeholder Impact

• The disposition of 439 shares by an executive is a minor event and is unlikely to have a material impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Avidbank Holdings, AVBH, Victor Francesco E. DeMarco, Insider Transaction, Form 4, Common Stock, Share Disposition, 10b5-1 Plan