VERISSIMO MARC J 4
4 · Avidbank Holdings, Inc. · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Avidbank (AVBH) Director Marc J. Verissimo Receives Stock Award
What Happened
- Marc J. Verissimo, a director of Avidbank Holdings, Inc. (AVBH), was granted 1,500 restricted shares on May 19, 2026. The award shows an acquisition price of $0.00 (award/grant), indicating a compensation grant rather than a cash purchase or sale.
Key Details
- Transaction date: 2026-05-19; Filing date (Form 4): 2026-05-21 (timely — within the reporting window).
- Securities acquired: 1,500 shares; Price reported: $0.00 (award/grant, transaction code A).
- Shares owned after transaction: not specified in the filing.
- Footnote: Restricted stock granted under the issuer’s 2022 Equity Incentive Plan, subject to a one-year annual vesting schedule (footnote F1). Footnote F2: N/A.
Context
- This was an equity award (restricted stock) as compensation, not an open-market purchase or sale. Restricted shares typically cannot be sold until they vest; here the grant vests on an annual schedule over one year. Such grants are routine compensation for directors and do not by themselves indicate a market view.
Insider Transaction Report
Form 4
VERISSIMO MARC J
Director
Transactions
- Award
Common Stock
[F1][F2]2026-05-19+1,500→ 19,444 total
Footnotes (2)
- [F1]Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a one year annual vesting schedule
- [F2]N/A
Signature
/s/Shawn Zeagler, Attorney-in-fact for Marc J Verissimo|2026-05-21