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Avidbank (AVBH) director’s affiliated fund sells 15,847 shares at $28.09

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale of common stock through an affiliated entity. PTMR Capital Partners LP, an entity associated with him, sold 15,847 shares of Avidbank common stock at $28.09 per share on March 9, 2026.

After this sale, the filing shows 84,233 shares of common stock held indirectly and 16,680 shares held directly by the reporting person. The indirect holdings are reported as held by PTMR Capital Partners LP, with Rosinus having sole voting and dispositive power subject to a pecuniary-interest disclaimer.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ROSINUS MIKE

(Last) (First) (Middle)
1732 N 1ST STREET
6TH FLOOR

(Street)
SAN JOSE CA 95112

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Avidbank Holdings, Inc. [ AVBH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/09/2026 S 15,847 D $28.09 84,233 I See Footnote 1(1)
Common Stock 16,680 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
Remarks:
/s/Shawn Zeagler, Attorney-in-fact for Michael F. Rosinus 03/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Avidbank (AVBH) report for Mike Rosinus?

Avidbank director Mike Rosinus reported an indirect open-market sale of 15,847 common shares at $28.09 each. The shares were sold by PTMR Capital Partners LP, an affiliated entity over which he has sole voting and dispositive power, subject to a pecuniary-interest disclaimer.

How many Avidbank (AVBH) shares did PTMR Capital sell and at what price?

PTMR Capital Partners LP sold 15,847 Avidbank common shares at $28.09 per share. This sale is reported as an indirect transaction for director Mike Rosinus, reflecting his control over the entity and its voting and dispositive power for these shares.

What are Mike Rosinus’s Avidbank (AVBH) indirect holdings after this Form 4?

Following the reported sale, indirect holdings for director Mike Rosinus are listed as 84,233 Avidbank common shares. These shares are held by PTMR Capital Partners LP, where he has sole voting and dispositive power while disclaiming beneficial ownership except for any pecuniary interest.

What are Mike Rosinus’s direct Avidbank (AVBH) holdings after the transaction?

After the reported activity, the Form 4 shows 16,680 Avidbank common shares held directly by Mike Rosinus. This direct position is separate from his larger indirect holdings through PTMR Capital Partners LP, which are reported under a distinct ownership classification.

How is ownership of the sold Avidbank (AVBH) shares structured for Mike Rosinus?

The sold shares were held by PTMR Capital Partners LP, whose general partners are PTMR GP, LLC and TRF Partners LLC. Mike Rosinus is the sole member of both entities, has sole voting and dispositive power, and disclaims beneficial ownership beyond any pecuniary interest.

What does the Avidbank (AVBH) Form 4 disclose about transaction type and code?

The Form 4 identifies the transaction as a non-derivative common stock sale with code “S,” indicating an open-market or private sale. It specifies this as an open-market transaction and classifies the position as indirect ownership through PTMR Capital Partners LP.
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