ROSINUS MIKE 4/A
Research Summary
AI-generated summary
Avidbank (AVBH) Director Mike Rosinus Sells 1,143 Shares
What Happened
- Mike Rosinus, a director of Avidbank Holdings, sold 1,143 shares of AVBH on 2026-02-11 at $30.45 per share, for a total proceeds of $34,804. This was a sale (S), not a purchase or option exercise.
Key Details
- Transaction date and price: 2026-02-11, 1,143 shares at $30.45 each.
- Total transaction value: $34,804 (approximately).
- Shares owned after transaction: Reporting person directly holds 16,680 shares of common stock (per filing).
- Footnote: The sold shares were held directly by PTMR Capital Partners LP, where Rosinus is the sole member of the general partner entities and has sole voting/dispositive power; he disclaims beneficial ownership except to the extent of any pecuniary interest.
- Filing note: This is an amended Form 4 (filed 2026-03-19) to correct the share amount reported for the 02/11/26 transaction.
Context
- This was an outright sale and is generally considered routine insider liquidity rather than a directional signal about company prospects. The reported dollar amount is relatively modest (~$35k). The amendment corrects the previously reported share quantity; no other insider actions were reported in this filing.