Entity tied to Avidbank (AVBH) director sells 2,499 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect sale of common stock through an affiliated investment entity. On this Form 4, PTMR Capital Partners LP, an entity associated with Rosinus, sold 2,499 shares of Avidbank common stock at $29.01 per share in an open-market transaction. After this sale, the filing shows 125,914 shares held indirectly through PTMR Capital and 16,680 shares held directly by Rosinus, with Rosinus disclaiming beneficial ownership of the indirect shares beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,499 shares ($72,496)
Net Sell
2 txns
Insider
ROSINUS MIKE
Role
Director
Sold
2,499 shs ($72K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,499 | $29.01 | $72K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 125,914 shares (Indirect, See Footnote 1);
Common Stock — 16,680 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Avidbank Holdings (AVBH) report on this Form 4?
Avidbank Holdings reported an indirect sale of common stock by an entity associated with director Mike Rosinus. PTMR Capital Partners LP sold 2,499 AVBH shares in an open-market transaction, and the filing updates both Rosinus’s indirect and direct ownership positions in the company.
What is Mike Rosinus’s indirect Avidbank (AVBH) ownership after the reported sale?
Following the reported transaction, the filing shows 125,914 Avidbank common shares held indirectly through PTMR Capital Partners LP. These shares are attributed to an entity associated with director Mike Rosinus, and he disclaims beneficial ownership except to the extent of any pecuniary interest he may have.