Avidbank (AVBH) director Linda Rae Morris granted 1,500 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MORRIS LINDA RAE reported acquisition or exercise transactions in this Form 4 filing.
Avidbank Holdings director Linda Rae Morris received a grant of 1,500 shares of Common Stock as restricted stock. The award was granted at no cash cost to her under the company’s 2022 Equity Incentive Plan, as amended, and is subject to a one-year annual vesting schedule. After this grant, she directly holds 4,000 shares of Avidbank Holdings common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MORRIS LINDA RAE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 4,000 shares (Direct, null)
Footnotes (1)
- Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended, subject to a one year annual vesting schedule N/A
Key Figures
Restricted stock grant: 1,500 shares
Grant price per share: $0.0000 per share
Shares held after transaction: 4,000 shares
+1 more
4 metrics
Restricted stock grant
1,500 shares
Common Stock granted on May 19, 2026
Grant price per share
$0.0000 per share
Reported transaction price for restricted stock
Shares held after transaction
4,000 shares
Total direct holdings following grant
Vesting schedule
One year
Restricted stock subject to one-year annual vesting schedule
Key Terms
Restricted stock, 2022 Equity Incentive Plan, vesting schedule, Grant, award, or other acquisition
4 terms
Restricted stock financial
"Restricted stock granted pursuant to the issuer's 2022 Equity Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2022 Equity Incentive Plan financial
"granted pursuant to the issuer's 2022 Equity Incentive Plan, as amended"
vesting schedule financial
"subject to a one year annual vesting schedule"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
Grant, award, or other acquisition financial
"transaction code description indicates Grant, award, or other acquisition"