Avidbank director-linked entity sells 2,499 shares
Avidbank Holdings, Inc. director Mike Rosinus reported an indirect sale of common stock through an affiliated investment entity.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,499 | $29.01 | $72K |
| 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
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What insider transaction did Avidbank Holdings (AVBH) report on this Form 4?
What is Mike Rosinus’s indirect Avidbank (AVBH) ownership after the reported sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.