THOMA GINA N. 4

What Happened

• Gina N. Thoma, Executive Vice President and Chief Operating Officer of Avidbank Holdings, received an award of 2,480 restricted shares on 2026-02-13. The reported per-share acquisition price is $0.00 (award/grant), with the Form 4 reporting $0 value for the acquisition. This is an equity award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-13; Form filed: 2026-02-17 (filing appears timely).
• Transaction type/code: Award/Grant (A).
• Shares granted: 2,480 restricted common shares at $0.00 per share (reported acquisition value $0).
• Vesting: Restricted stock granted under the issuer’s 2022 Equity Incentive Plan, subject to a three-year annual vesting schedule (Footnote F1).
• Footnote F2: N/A (no additional dispositions, tax withholding, or other adjustments noted).
• Shares owned after transaction: Not specified in the reported Form 4.

Context

• This is a typical restricted stock award to an executive as part of compensation and long-term incentive pay; such awards vest over time and do not represent an immediate market purchase or sale. There is no indication in the filing of any simultaneous sale or tax-withholding disposition.