ROSINUS MIKE 4
Research Summary
AI-generated summary
Avidbank (AVBH) Director Mike Rosinus Sells Shares
What Happened
- Mike Rosinus, a director of Avidbank Holdings, Inc. (AVBH), reported the sale of 1,688 shares on February 10, 2026. The shares were disposed at $30.73 each for a total transaction value of $51,865. The Form 4 describes the transaction as an "open market or private sale" (sale code S).
Key Details
- Transaction date and price: 2026-02-10 — 1,688 shares at $30.73 per share (total $51,865).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares sold are held directly by PTMR Capital Partners LP. Rosinus is sole member of the general partner entities (PTMR GP, LLC and TRF Partners LLC) and has sole voting and dispositive power over PTMR Capital’s holdings; he disclaims beneficial ownership except to the extent of any pecuniary interest (see footnote F1).
- Filing date/timeliness: Form filed Feb 12, 2026 — appears to be timely relative to the Feb 10 transaction.
Context
- This was a sale (disposition), which is commonly routine insider selling and does not by itself indicate the director’s view of the company’s prospects. The Form does not specify whether the sale was executed on an exchange or privately, nor does it show remaining holdings after the sale.