Director-linked entity trims Avidbank (AVBH) stake with 3,434-share sale
Rhea-AI Filing Summary
Avidbank Holdings, Inc. director Mike Rosinus reported that an entity associated with him, PTMR Capital Partners LP, sold 3,434 shares of common stock in an open-market transaction at $30.00 per share. After this sale, 129,413 shares are held indirectly and 16,680 shares are held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,434 shares
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
3,434 shs ($103K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,434 | $30.00 | $103K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 129,413 shares (Indirect, See Footnote 1);
Common Stock — 16,680 shares (Direct)
Footnotes (1)
- F1. 1. Such shares are held directly by PTMR Capital Partners LP ("PTMR Capital"), of which the general partners are PTMR GP, LLC ("PTMR GP") and TRF Partners LLC ("TRF"). Reporting Person is the sole member of each of PTMR GP and TRF, and has sole voting and dispositive power over shares held by PTMR Capital. Reporting Person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest, if any, therein.
FAQ
What insider transaction did Avidbank Holdings (AVBH) disclose in this Form 4?
Avidbank Holdings disclosed that an entity associated with director Mike Rosinus, PTMR Capital Partners LP, sold 3,434 shares of common stock in an open-market transaction at $30.00 per share, as reported in a Form 4 insider trading filing.
What does the Form 4 say about net insider trading activity in Avidbank Holdings (AVBH)?
The summarized Form 4 data shows one reported sale totaling 3,434 shares and no reported purchases. This results in a net-sell direction of 3,434 Avidbank Holdings common shares for the reporting period covered by this specific insider filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.