Oakes Patrick Timothy 4
4 · Avidbank Holdings, Inc. · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
Avidbank (AVBH) CFO Patrick Oakes Withholds 295 Shares to Cover Taxes
What Happened
Patrick Timothy Oakes, EVP and CFO of Avidbank Holdings, had 295 restricted common shares withheld upon vesting and disposed to the issuer on February 23, 2026. The shares were valued at the closing price of $29.67 per share, for a total of approximately $8,753. This was a withholding/surrender to cover tax obligations on vested restricted stock—not an open-market sale.
Key Details
- Transaction date: February 23, 2026; Form 4 filed February 24, 2026 (timely filing).
- Transaction type: Disposition to issuer (shares withheld upon vesting).
- Shares affected: 295 shares withheld; price used: $29.67 per share; total value ≈ $8,753.
- Footnotes: F1 — shares withheld upon vesting based on closing price on Feb 23, 2026; F2 — closing price reference.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
Context
This is a routine tax-withholding event tied to the vesting of restricted stock awards. Such withholdings are administrative and do not necessarily indicate insider sentiment about the company.
Insider Transaction Report
Form 4
Oakes Patrick Timothy
EVP, CFO
Transactions
- Disposition to Issuer
Common Stock
[F1][F2]2026-02-23$29.67/sh−295$8,753→ 39,062 total
Footnotes (2)
- [F1]Shares withheld upon vesting of restricted common stock based on closing price of issuer's common stock on February 23, 2026.
- [F2]Closing price of issuer's common stock on February 23, 2026.
Signature
/s/Shawn Zeagler, Attorney-in-fact for Patrick Timothy Oakes|2026-02-24