THOMA GINA N. 4

What Happened
Gina N. Thoma, EVP and COO of Avidbank Holdings, had 340 shares of restricted common stock disposed to the issuer as tax withholding upon vesting. The shares were valued at $29.55 each, for a total value of $10,045, based on the closing price on February 24, 2026. This was a withholding event tied to vesting, not an open-market sale.

Key Details

• Transaction date: February 24, 2026. Filing date: February 26, 2026. (Filed timely.)
• Price per share: $29.55 (closing price on Feb 24, 2026). Total value: $10,045.
• Transaction type: Disposition to issuer (shares withheld to satisfy tax withholding on vested restricted stock).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — shares withheld upon vesting of restricted common stock based on closing price; F2 — closing price referenced is from Feb 24, 2026.
• No 10b5-1 or other trading plan noted; this is a routine tax-withholding action (code D / footnote F1).

Context
Withholding of shares to cover taxes is a routine administrative step when restricted stock vests and does not represent an open-market sale or a directional trade by the insider. For retail investors, purchases or open-market sales by insiders can be more indicative of sentiment; tax-withholding disposals are standard and generally not a signal of confidence or concern.