Avidbank director-linked entity sells 5,000 shares
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale of 5,000 shares of common stock at $30.16 per share.
Rhea-AI Filing Summary
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale of 5,000 shares of common stock at $30.16 per share. The shares were held by PTMR Capital Partners LP, an entity over which he has sole voting and dispositive power and a pecuniary interest. After this sale, the filing shows 157,258 indirectly held shares and 16,680 directly held shares of Avidbank common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
5,000 shs ($151K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $30.16 | $151K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 157,258 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Avidbank Holdings (AVBH) report on this Form 4?
Avidbank Holdings reported an indirect open-market sale of 5,000 shares of common stock. The shares were sold at $30.16 each by PTMR Capital Partners LP, an entity associated with director Mike Rosinus, according to the ownership and footnote disclosures.
Who is the insider involved in the latest Avidbank (AVBH) Form 4 filing?
The insider is director Mike Rosinus. The Form 4 shows he has sole voting and dispositive power over shares held by PTMR Capital Partners LP, and it discloses his direct and indirect ownership positions in Avidbank common stock after the reported sale.
Does the Avidbank (AVBH) Form 4 show any purchases by the insider?
No purchases are shown in this Form 4. The transaction summary indicates one sell transaction totaling 5,000 shares and no buy or acquisition transactions, resulting in a net-sell position for the reporting period covered by this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.