Entity linked to Avidbank (AVBH) director sells 7,953 shares
Rhea-AI Filing Summary
Avidbank Holdings, Inc. director Mike Rosinus reported an open-market sale of common stock through an investment entity he controls. On this date, PTMR Capital Partners LP, an entity for which he has sole voting and dispositive power, sold 7,953 shares of Avidbank common stock at $27.49 per share.
After the transaction, the filing shows 56,962 shares held indirectly through the entity and an additional 16,680 shares held directly in his name, indicating a remaining ownership position substantially larger than the shares sold in this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,953 shares
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
7,953 shs ($219K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 7,953 | $27.49 | $219K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 56,962 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 (AVBH) report for Mike Rosinus?
Avidbank reported that director Mike Rosinus, through an affiliated entity, executed an open-market sale of common stock. The filing details the trade size, sale price, and his remaining direct and indirect share holdings after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.