Avidbank (AVBH) EVP Elisabeth Foussianes Receives Restricted Stock Award

What Happened

Elisabeth Foussianes, Executive Vice President and Chief Credit Officer of Avidbank Holdings, Inc. (AVBH), received a grant of 1,870 restricted shares (transaction code A) on February 13, 2026. The shares were reported with an acquisition price of $0.00 (total reported consideration $0), indicating a compensatory restricted stock award rather than an open-market purchase.

Key Details

• Transaction date: 2026-02-13 (reported on Form 4 filed 2026-02-17). Filing appears timely.
• Transaction type/code: Award/Grant (A).
• Shares granted: 1,870; reported acquisition price: $0.00; total reported consideration: $0.
• Vesting/plan: Restricted stock granted under the issuer’s 2022 Equity Incentive Plan, as amended; subject to a three-year annual vesting schedule (Footnote F1).
• Footnote F2: N/A.
• Shares owned after the transaction: Not specified in this filing.

Context

This is a compensatory grant (restricted stock) for an executive and does not represent an open-market purchase or sale. Such awards are common as part of long-term incentive compensation and vest over time, so they should be viewed as compensation-related rather than a direct signal of immediate buying or selling intent.