|4Feb 24, 4:45 PM ET

MORDELL MARK DANIEL 4

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Avidbank (AVBH) CEO Mark Mordell Sells 637 Shares

What Happened Mark Daniel Mordell, President, CEO and Director of Avidbank Holdings (AVBH), had 637 shares disposed to the issuer on February 23, 2026. The shares were valued at $29.67 each, for a total of $18,900. This was a disposition related to restricted stock vesting (shares withheld to cover tax obligations), not an open-market sale.

Key Details

  • Transaction date and price: 2026-02-23 at $29.67 per share (total ~$18,900).
  • Transaction code: D (Disposition to issuer); footnote indicates shares were withheld upon vesting of restricted common stock to satisfy tax withholding.
  • Footnotes: F1 = shares withheld upon RSU vesting based on closing price; F2 = closing price on 2026-02-23.
  • Shares owned after transaction: Not specified in the reported summary.
  • Filing timeliness: Report filed 2026-02-24 for a 2026-02-23 transaction (filed next day; not indicated as late).

Context Withholding shares upon RSU vesting is a routine, tax-related disposition and does not necessarily indicate a change in the insider’s view of the company. This was not an open-market sale; the shares were surrendered to the issuer to cover withholding obligations.