BENEDICT TAMI LAURA 4

What Happened

• Tami Laura Benedict, EVP and Chief of Staff of Avidbank Holdings, had 131 shares of the company's common stock withheld upon vesting of restricted shares on February 24, 2026. The filing lists the transaction as a disposition to the issuer at $29.55 per share for a total value of $3,870. This was a withholding to satisfy tax obligations on vesting, not an open-market sale.

Key Details

• Transaction date: February 24, 2026; filing date: February 26, 2026.
• Price per share: $29.55 (closing price on Feb 24, 2026 per footnote); total value: $3,870.
• Transaction type: Disposition to issuer via share withholding upon RSU vesting (footnote indicates shares withheld to cover taxes).
• Shares owned after the transaction: not provided in the information supplied.
• Footnotes: F1 — shares withheld upon vesting based on closing price on Feb 24, 2026; F2 — confirms the closing price used.
• Filing timeliness: Reported two days after the transaction (appears timely under the two-business-day Form 4 rule).

Context

• Share withholding for taxes is a common, administrative transaction when restricted stock vests and generally does not signal a change in insider sentiment the way open-market purchases might. This is not an exercise or market sale; the company retained the shares to cover withholding obligations.