DEMARCO VICTOR FRANCESCO E. 4

What Happened
Victor Francesco E. DeMarco, EVP, Chief Legal Counsel and Secretary of Avidbank Holdings, had 158 shares of the company's common stock disposed to the issuer on Feb 24, 2026. The shares were withheld upon vesting of restricted stock at the closing price of $29.55 per share, for a total value of $4,668. This was a withholding/disposition to the issuer (tax-related), not an open-market sale.

Key Details

• Transaction date: February 24, 2026; Form 4 filed February 26, 2026 (appears timely).
• Action: Disposition to issuer (shares withheld to satisfy tax withholding on vested restricted stock).
• Shares involved: 158 shares withheld; price per share: $29.55; total value: $4,668. (Footnote: price is the Feb 24, 2026 closing price.)
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: F1 = shares withheld upon vesting of restricted common stock; F2 = closing price on Feb 24, 2026.

Context
This is a routine tax-withholding transaction tied to RSU vesting, not an active sale on the open market by the insider. Such withholdings are standard and generally not viewed as a signal of the insider’s view on the company’s prospects.