BENEDICT TAMI LAURA 4
Research Summary
AI-generated summary
Avidbank (AVBH) EVP Benedict Tami Laura Withholds 186 Shares
What Happened Benedict Tami Laura (listed as BENEDICT TAMI LAURA), EVP and Chief of Staff of Avidbank Holdings, disposed of 186 shares to the issuer on February 14, 2026. The transaction was a disposition to the issuer at $30.00 per share for a total value of $5,580. According to the filing footnote, the shares were withheld upon vesting of restricted stock (i.e., to cover tax withholding).
Key Details
- Transaction date: 2026-02-14
- Transaction type/code: Disposition to issuer (withholding upon vesting)
- Shares involved: 186 shares
- Price per share: $30.00
- Total value: $5,580
- Footnotes: F1 — shares withheld upon vesting based on closing price on Feb 13, 2026; F2 — closing price referenced was from Feb 13, 2026.
- Shares owned after transaction: Not specified in the provided summary of the filing.
- Filing date: 2026-02-18 — appears to be filed within the normal SEC Form 4 reporting window.
Context A disposition to the issuer for restricted stock is typically a tax-withholding action when awards vest, not an open-market sale. Such withholding is routine and does not necessarily indicate the insider is reducing exposure by selling into the market. The dollar amount here ($5,580) is modest. Purchases or open-market sales generally carry more signal about insider sentiment than tax-withholding dispositions.