BENEDICT TAMI LAURA 4

What Happened
Tami Laura Benedict, EVP and Chief of Staff at Avidbank Holdings (AVBH), had 103 restricted shares disposed to the issuer (withheld) upon vesting on Feb 23, 2026. The shares were valued at $29.67 each, for a total disposition of $3,056. This was a disposition/withholding tied to the vesting of restricted stock—not an open-market sale.

Key Details

• Transaction date: February 23, 2026; filing date: February 24, 2026 (timely filing).
• Disposition: 103 shares at $29.67 per share; total value reported $3,056.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: F1 — shares withheld upon vesting of restricted common stock based on closing price on Feb 23, 2026; F2 — $29.67 is the closing price on Feb 23, 2026.
• Transaction code: D (disposition to issuer / tax withholding), common routine tax-related transaction.

Context
Tax-withholding dispositions upon vesting are routine and typically reflect the employer withholding shares to cover taxes; they do not necessarily indicate the insider is selling shares for investment reasons. For retail investors, purchases or open-market sales by insiders can carry more interpretive weight than mandatory withholding events.