secwatch.observer — SEC 8-K summary
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Issuer:     Avidbank Holdings, Inc. (AVBH)
CIK:        0001443575
Form:       8-K
Filed at:   2026-08-03T12:17:20+00:00
Accession:  0001437749-26-025315
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avidbank appoints Jonathan M. Dale as President; Mordell remains Chairman and CEO
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- Jonathan M. Dale appointed President of Avidbank Holdings and Avidbank, effective August 3, 2026.
- Mark D. Mordell continues as Chairman and CEO; Dale will report to Mordell.
- Dale previously served as EVP and Regional Executive for California at Umpqua Bank (Columbia Bank).
- Compensation includes $625,000 base salary, up to 100% bonus, and $500,000 restricted stock award vesting in 3 years.
- Appointment part of deliberate succession planning to provide leadership continuity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1443575/000143774926025315/0001437749-26-025315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1443575/000143774926025315/avbh20260714_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-025315

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer