RICHIERI RICHARD A. (Chief Operations Officer) sold 7.9% of their position (3.84K shares) of AVID BIOSERVICES, INC. on the open market

Open‑market sale worth $47.0K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

RICHIERI RICHARD A.

Filed: 12/27/2024ACC: 0001683168-24-009026

InsiderRICHIERI RICHARD A.CIK 1976193

→

IssuerAVID BIOSERVICES, INC.CIK 704562

Officer· Chief Operations Officer

Since Apr 2023

-14.54K

Net shares

Net seller

$47.0K

Total sold

Open market trades

0B · 1S

Total transactions

10.70K acquired · 25.23K disposed

Non-Derivative Transactions2

Common Stock, $0.001 par value

Direct

M · Option Exercise

+10.70K

Price / share

—

Trade value

—

% of position

28.4%

12/25/2024

37.70K→48.40K

Common Stock, $0.001 par value

Direct

S · Sale

−3.84K

Price / share

$12.22

Trade value

$46.96K

% of position

7.9%

12/26/2024

48.40K→44.56K

Total

Net shares

+6.85K

Net value

-$46.96K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, $0.001 par value Direct	12/25/2024	M · Option Exercise	+10.70K	—	—	28.4%	37.70K	48.40K
Common Stock, $0.001 par value Direct	12/26/2024	S · Sale	−3.84K	$12.22	$46.96K	7.9%	48.40K	44.56K
Total			+6.85K		-$46.96K

Derivative Transactions4

Performance Stock Units (FY 2023 Grant)

Direct

D · Disposition

Converts to

Common Stock

5.04K shares

−5.04K

Strike price

Held after

123.48K

Exercisable

—

12/25/2024

Performance Stock Units (FY 2023 Grant)

Direct

D · Disposition

Converts to

Common Stock

5.04K shares

−5.04K

Strike price

Held after

118.44K

Exercisable

—

12/25/2024

Performance Stock Units (FY 2024 Grant)

Direct

D · Disposition

Converts to

Common Stock

5.65K shares

−5.65K

Strike price

Held after

112.79K

Exercisable

—

12/25/2024

Performance Stock Units (FY 2024 Grant)

Direct

D · Disposition

Converts to

Common Stock

5.65K shares

−5.65K

Strike price

Held after

107.14K

Exercisable

—

12/25/2024

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Performance Stock Units (FY 2023 Grant) Direct	Common Stock5.04K shares	12/25/2024	D · Disposition	−5.04K	—	123.48K
Performance Stock Units (FY 2023 Grant) Direct	Common Stock5.04K shares	12/25/2024	D · Disposition	−5.04K	—	118.44K
Performance Stock Units (FY 2024 Grant) Direct	Common Stock5.65K shares	12/25/2024	D · Disposition	−5.65K	—	112.79K
Performance Stock Units (FY 2024 Grant) Direct	Common Stock5.65K shares	12/25/2024	D · Disposition	−5.65K	—	107.14K

Non-Derivative Holdings (Post-Transaction)1

Common Stock, $0.001 par value

Indirect

Shares owned7.22K

Total

7.22K indirect7.22K

Security Title	Shares Owned	Ownership Type
Common Stock, $0.001 par value	7.22K	Indirect
Total	7.22K	7.22K indirect

Derivative Holdings (Post-Transaction)0

No derivative holdings reported