Avidbank (NASDAQ: AVBH) director logs indirect sale of 4,262 common shares
Rhea-AI Filing Summary
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale of 4,262 shares of common stock at $29.57 per share. The sold shares are held by PTMR Capital Partners LP, an entity over which he has sole voting and dispositive power. Following this sale, indirect holdings reported for this entity are 167,258 shares, and Rosinus also reports 16,680 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,262 shares
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
4,262 shs ($126K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,262 | $29.57 | $126K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 167,258 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 Holdings (AVBH) disclose for Mike Rosinus?
Avidbank Holdings director Mike Rosinus reported an indirect open-market sale of 4,262 common shares at $29.57 per share. The sold shares were held through PTMR Capital Partners LP, which is controlled by Rosinus, and the filing reflects updated indirect and direct ownership positions.
What are Mike Rosinus’s reported holdings in Avidbank Holdings (AVBH) after this Form 4?
After the reported sale, indirect holdings associated with Mike Rosinus through PTMR Capital Partners LP total 167,258 shares. He also reports 16,680 shares held directly. The filing notes he disclaims beneficial ownership of the indirect shares except to the extent of his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.