Avidbank (AVBH) EVP Arthur Wasson Sells 10,000 Shares

What Happened
Arthur Wasson, EVP and Chief Revenue Officer of Avidbank Holdings, reported a sale of 10,000 shares on 2026-08-14. The transaction was reported at $33.14 per share, for a total proceeds of $331,400. The Form 4 classifies the trade as a sale (S).

Key Details

• Transaction date: 2026-08-14
• Price per share: $33.14; Total value: $331,400
• Transaction type: Sale (S) — filing lists "open market or private sale" category
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing timeliness: Reported with the same period date (filed 2026-08-14); no late filing indicated
• No footnotes in the provided summary indicating a 10b5-1 plan, tax withholding, or gift

Context
Insider sales are often routine (liquidity, diversification, tax planning) and do not by themselves signal company performance or management outlook. For retail investors, purchases are generally more informative about insider conviction; a single sale should be viewed alongside other insider activity and company fundamentals. If you need the full Form 4 for verification or to see post-transaction holdings, check the SEC filing accession 0001437749-26-027979.