Entity tied to Avidbank (NASDAQ: AVBH) director sells 11,602 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings director Mike Rosinus reported an indirect sale of Common Stock through an affiliated investment entity. An entity associated with Rosinus, PTMR Capital Partners LP, sold 11,602 shares of Avidbank Holdings, Inc. at a price of $30.22 per share in an open-market transaction.
After this sale, PTMR Capital Partners LP held 171,520 shares indirectly associated with Rosinus, while Rosinus also held 16,680 shares directly. Rosinus has sole voting and dispositive power over the shares held by PTMR Capital but disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,602 shares ($350,612)
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
11,602 shs ($351K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 11,602 | $30.22 | $351K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 171,520 shares (Indirect, See Footnote 1);
Common Stock — 16,680 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Avidbank Holdings (AVBH) disclose for Mike Rosinus?
Avidbank Holdings disclosed that an entity associated with director Mike Rosinus, PTMR Capital Partners LP, sold 11,602 shares of Common Stock at $30.22 per share. This was reported as an open-market sale and classified as an indirect holding.