FLYNN DIANE J. 4
Research Summary
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Avidbank (AVBH) Director Diane J. Flynn Receives Award
What Happened
- Diane J. Flynn, a director of Avidbank Holdings, Inc. (AVBH), was granted 1,500 restricted shares on May 19, 2026. The shares were awarded at $0.00 per share (total reported acquisition value $0) under the company's 2022 Equity Incentive Plan (transaction code A).
Key Details
- Transaction date: 2026-05-19; reported on Form 4 filed 2026-05-21 (filed within the typical two-business-day window).
- Price per share: $0.00; Total reported value: $0.
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — Restricted stock granted under the issuer's 2022 Equity Incentive Plan, subject to a one-year annual vesting schedule. F2 — N/A.
- Transaction type code: A (award/grant).
Context
- This grant appears to be a routine equity award for a director as compensation rather than an open-market purchase or sale. The restricted shares vest on an annual schedule over one year per the footnote; until vested, they may be subject to forfeiture or transfer restrictions. Awards like this provide long-term alignment with shareholders but do not by themselves signal a near-term trading intent.