WASSON ARTHUR 4

What Happened

Arthur Wasson, EVP and Chief Revenue Officer of Avidbank Holdings, disposed of 203 shares on February 14, 2026. The transaction was a disposition to the issuer at $30.00 per share for a total value of $6,090. Footnotes indicate these shares were withheld upon the vesting of restricted common stock to satisfy withholding obligations.

Key Details

• Transaction date: February 14, 2026; Filing date: February 18, 2026. The Form 4 does not indicate a late-filing flag.
• Transaction type/code: Disposition to issuer (D) — shares withheld by the company (tax/tax-withholding action), not an open-market sale (footnote F1).
• Price used: $30.00 per share, based on the issuer’s closing price on February 13, 2026 (footnote F2).
• Shares involved: 203 shares withheld; total value $6,090.
• Shares owned after transaction: Not specified in the provided Form 4.

Context

This transaction reflects shares withheld to cover tax withholding upon vesting of restricted stock — a routine administrative action common for equity awards. It is not an open-market sale that would necessarily signal the insider selling for investment reasons. Purchases or open-market sales typically carry different interpretive weight for investors.