Avidbank (AVBH) EVP Arthur Wasson Sells 4,408 Shares

What Happened

• Arthur Wasson, EVP & Chief Revenue Officer of Avidbank Holdings (AVBH), disposed of 4,408 shares to the issuer on August 1, 2026. The transaction is recorded as a disposition to the issuer (shares withheld) at $32.61 per share, totaling $143,745.
• This was a withholding of shares upon vesting of restricted common stock (a tax withholding), not an open-market sale.

Key Details

• Transaction date: 2026-08-01; Filing date: 2026-08-04 (Form 4, accession 0001437749-26-025582)
• Price per share: $32.61; Total value: $143,745
• Transaction type: Disposition to issuer (shares withheld to satisfy tax obligations upon vesting) — see footnote indicating withholding based on the July 31, 2026 closing price
• Shares owned after the transaction: not disclosed in the provided excerpt
• No indication in the filing excerpt that this was part of a 10b5-1 plan; this appears to be routine tax withholding related to restricted stock vesting

Context

• Dispositions to the issuer to cover taxes are common when restricted stock vests and generally reflect tax-withholding mechanics rather than a view on company prospects. This filing documents the administrative surrender of shares rather than an open-market sale.