MORDELL MARK DANIEL 4

What Happened Mark Mordell (President, CEO and Director) received a grant of 5,725 restricted shares of Avidbank Holdings, Inc. on February 13, 2026. The Form 4 reports an acquisition price of $0.00 (total reported value $0), reflecting a compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filed within the SEC's two-business-day reporting window).
• Award: 5,725 restricted shares; reported acquisition price $0.00; total reported value $0.
• Shares owned following transaction: not stated in the provided filing excerpt.
• Footnotes: Granted under the issuer’s 2022 Equity Incentive Plan and subject to a three-year annual vesting schedule (Footnote F1). F2: N/A.
• Filing timeliness: Timely (filed Feb 17 for a Feb 13 transaction).

Context Restricted stock awards are commonly used as executive compensation to align leadership with shareholders; they vest over time and are not an immediate cash purchase or sale. Such grants are informative about compensation and retention but do not by themselves indicate the insider is buying or selling shares in the open market.