ROSINUS MIKE 4

What Happened
Mike Rosinus, a director of Avidbank Holdings, Inc. (AVBH), was awarded 1,500 restricted shares on 2026-05-19. The shares were granted at a $0.00 purchase price (value reported as $0 on the Form 4) as an equity award under the issuer's incentive plan rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-19; Form 4 filed: 2026-05-21 (filed within the standard two-business-day window).
• Transaction code: A (award/grant/acquisition). Price: $0.00; total reported cash value: $0.
• Footnote: Restricted stock granted pursuant to the issuer’s 2022 Equity Incentive Plan, subject to a one-year annual vesting schedule. (F1)
• Shares owned after the transaction: Not specified in the provided filing.
• No tax withholding, 10b5-1 plan, or other special conditions reported (F2 marked N/A).

Context
Restricted stock awards are a form of compensation and are typically subject to vesting conditions; they don’t represent an immediate market purchase or sale. Because these shares vest over time, they may align the director’s interests with long-term shareholder value but do not by themselves indicate near-term trading intent. The filing appears timely (Form 4 filed two days after the grant).