Avidbank director linked fund sells 56,882 AVBH shares
Avidbank Holdings director Mike Rosinus, through investment entity PTMR Capital Partners LP, reported an open-market sale of 56,882 shares of Common Stock at $27.41 per share.
Rhea-AI Filing Summary
Avidbank Holdings director Mike Rosinus, through investment entity PTMR Capital Partners LP, reported an open-market sale of 56,882 shares of Common Stock at $27.41 per share. After this indirect sale, the filing shows 80 shares held indirectly and 16,680 shares held directly of Avidbank Holdings stock.
The footnote explains that the shares sold were held by PTMR Capital, whose general partners are PTMR GP, LLC and TRF Partners LLC. Rosinus is the sole member of both entities and has sole voting and dispositive power over PTMR Capital’s shares, while disclaiming beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 56,882 | $27.41 | $1.56M |
| holding | Common Stock | -- | -- | -- |
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 for Mike Rosinus?
Was the Avidbank Holdings (AVBH) transaction by Mike Rosinus a buy or sell?
What does the transaction code on the Avidbank Holdings (AVBH) Form 4 mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.