MORDELL MARK DANIEL 4

What Happened
Mark Daniel Mordell, President, CEO and a director of Avidbank Holdings, disposed of 639 shares on February 14, 2026. The shares were disposed to the issuer at $30.00 per share for a total value of $19,170. This disposition reflects shares withheld upon vesting of restricted common stock (a tax-withholding event), not an open-market sale for investment purposes.

Key Details

• Transaction date: 2026-02-14; Price: $30.00 per share; Total value: $19,170.
• Transaction type/code: Disposition to issuer (D) — shares withheld to satisfy tax withholding on vested restricted stock.
• Footnotes: F1 — shares withheld upon vesting based on closing price on Feb 13, 2026; F2 — closing price referenced is Feb 13, 2026.
• Shares owned after transaction: Not specified in the provided filing details.
• Filing date: 2026-02-18 (appears to be filed within the normal Form 4 reporting window).

Context
This was a routine tax-withholding disposition tied to restricted stock vesting, which is common for executives and typically not interpreted as a market-driven sale. Purchases or open-market sales by insiders usually convey stronger directional signals than withholdings for taxes.