Avidbank (AVBH) EVP Victor DeMarco Withholds 145 Shares for Taxes

What Happened
Victor Francesco E. DeMarco, EVP, Chief Legal Counsel and Secretary of Avidbank Holdings, reported a disposition to the issuer on 2026-02-14: 145 restricted shares were withheld upon vesting at $30.00 per share, for a total value of $4,350. The filing lists the transaction as a disposition to the issuer; the footnote clarifies this was withholding to satisfy tax obligations rather than an open-market sale.

Key Details

• Transaction date and price: 2026-02-14, 145 shares at $30.00 per share (total $4,350).
• Filing date: 2026-02-18 (appears timely given the weekend and the Feb 16 holiday).
• Shares owned after transaction: Not disclosed in the provided filing information.
• Footnotes: F1 — shares withheld upon vesting based on closing price on Feb 13, 2026; F2 — refers to that closing price.
• Transaction type: Reported as a disposition to issuer; functionally a tax-withholding event (routine, code F-style withholding).

Context
This was a withholding of vested restricted stock to cover tax withholding obligations — a common, administrative disposition that does not necessarily indicate insider sentiment about the company. For retail investors, purchases by insiders can be more informative; tax-withholdings are routine and typically not read as a buy/sell signal.