Avidbank (AVBH) director’s affiliated fund sells 15,847 shares at $28.09
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
Net Seller: 15,847 shares ($445,142)
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
15,847 shs ($445K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,847 | $28.09 | $445K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 84,233 shares (Indirect, See Footnote 1);
Common Stock — 16,680 shares (Direct)
Footnotes (1)
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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.
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.
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.