Avidbank director-linked fund sells 19,318 shares
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale related to 19,318 shares of Common Stock at $28.28 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect open-market sale related to 19,318 shares of Common Stock at $28.28 per share. The shares are held by PTMR Capital Partners LP, over which he has sole voting and dispositive power. Following the sale, indirect holdings reported were 64,915 shares, and a separate line reflects 16,680 shares held directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 19,318 | $28.28 | $546K |
| 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) disclose on this Form 4?
What are Mike Rosinus’s reported Avidbank (AVBH) holdings after the transaction?
Does the Avidbank (AVBH) Form 4 include a beneficial ownership disclaimer?
Is the Avidbank (AVBH) insider sale on this Form 4 a derivative exercise?
AI-generated analysis. How Rhea-AI works. Not financial advice.