Avidbank Holdings: EVP, CFO Oakes Patrick Timothy sold 882 shares

What happened Oakes Patrick Timothy, EVP and CFO, had 882 shares disposed to the issuer (shares withheld upon vesting of restricted common stock) at $31.26 per share on Oct 2, 2026, totaling $27,571.

Key details

• Transaction date and price: Oct 2, 2026 — 882 shares disposed to issuer at $31.26 per share.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on Oct 2, 2026.
  • F2: Closing price of issuer's common stock on Oct 2, 2026.
• Filing date: Oct 6, 2026 (transaction date reported as Oct 2, 2026).

Why it may matter

• The transaction was a disposition to the issuer to satisfy tax withholding upon vesting of restricted common stock, not a market sale executed on the open market.
• A filing does not show why the insider traded or why the company acted.