SCHEDULE: Fourthstone LLC Adjusts Avidbank Holdings Stake

Fourthstone LLC and affiliated entities have filed an amendment to their Schedule 13G, reporting changes in beneficial ownership of Avidbank Holdings, Inc. common stock.

Summary

• This filing is an amendment to a Schedule 13G, indicating a change in beneficial ownership of Avidbank Holdings, Inc. common stock.
• The reporting persons include Fourthstone LLC, Fourthstone Master Opportunity Fund Ltd., Fourthstone GP LLC, Fourthstone QP Opportunity Fund LP, Fourthstone Small-Cap Financials Fund LP, and L. Phillip Stone, IV.
• These entities collectively hold a significant stake, with Fourthstone LLC reporting 700,818 shares, representing 6.40% of the outstanding common stock.
• The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.
• The total number of outstanding shares of common stock as of April 30, 2026, was 10,955,167.

Sentiment

Score: 3

Explanation: StockSavvy.ai views this as a neutral filing, primarily reporting changes in beneficial ownership without significant new financial or strategic information.

Positives

• The reporting persons certify that the securities were acquired and are held in the ordinary course of business, not for the purpose of influencing control.
• The filing provides a clear breakdown of share ownership across multiple Fourthstone entities and L. Phillip Stone, IV.

Negatives

• No specific financial performance data or strategic updates are provided in this filing, limiting insight into the company's operational health.
• The filing is an amendment, suggesting ongoing adjustments in ownership rather than a definitive new strategy or performance announcement.

Risks

• While not explicitly stated as a risk in this filing, significant shifts in beneficial ownership by investment advisors can sometimes precede changes in company strategy or governance, which could introduce uncertainty.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance. It solely reports on beneficial ownership.

Management Comments

• Each of the Reporting Persons listed in this filing certify the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the Issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that effect.
• By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are common for institutional investors and investment advisors who acquire significant stakes in public companies. This filing indicates a substantial, but not controlling, ownership by Fourthstone and its affiliates in Avidbank Holdings, Inc., which is typical for investment management firms operating within the financial services sector.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding significant ownership by investment entities, which may influence market perception and trading activity.
• Management: The confirmation that ownership is not for control purposes may provide some reassurance to current management regarding activist intentions.

Next Steps

• The reporting persons will continue to monitor their investment in Avidbank Holdings, Inc.
• Future amendments to Schedule 13G will be filed if there are further changes in beneficial ownership or other reportable events.

Key Dates

Keywords

Schedule 13G, Beneficial Ownership, Investment Adviser, Avidbank Holdings, Fourthstone LLC, Common Stock, Ownership Change