ROSINUS MIKE 4

What Happened
Mike Rosinus, a director of Avidbank Holdings, Inc. (AVBH), sold 1,063 shares on Feb 11, 2026 at $30.45 per share, generating proceeds of $32,368. The filing reports the transaction as an open market or private sale (code S). Sales are commonly routine monetizations and do not necessarily signal a change in views about the company.

Key Details

• Transaction date and price: Feb 11, 2026 — 1,063 shares sold at $30.45 each. Total proceeds: $32,368.
• Transaction type: Sale (open market or private sale), reported on Form 4 (Accession 0001443575-26-000007) filed Feb 13, 2026. Filing was timely (within two business days).
• Post-transaction ownership: The filing does not list a direct beneficial ownership amount for these shares; see footnote below.
• Footnote: The shares 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 shares, but he disclaims beneficial ownership except to the extent of any pecuniary interest (per footnote F1).

Context

• Sales by directors are often routine liquidity events; they are less informative than purchases about insider sentiment.
• The transaction was reported promptly. Because the shares are held through an entity (PTMR Capital) with Rosinus in control of the general partners, this is an indirect disposition rather than a straightforward personal sale.