ROSINUS MIKE 4
4 · Avidbank Holdings, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Avidbank (AVBH) Director Mike Rosinus Sells 5,076 Shares
What Happened
Mike Rosinus, a director of Avidbank Holdings, Inc. (AVBH), sold 5,076 shares on February 17, 2026. The shares were disposed at $30.17 each for a total transaction value of approximately $153,153. This was a sale (not a purchase or option exercise), which is commonly a routine disposition.
Key Details
- Transaction date: 2026-02-17. Price per share: $30.17. Total proceeds: ~$153,153.
- Transaction type: Sale (open market or private sale per filing).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- 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 states he disclaims beneficial ownership except to the extent of any pecuniary interest (see footnote F1).
- Filing timeliness: Reported on the same date as the transaction (period of report 2026-02-17), indicating a timely Form 4.
Context
Sales by directors can be routine (portfolio rebalancing, tax/cash needs) and do not necessarily indicate a change in company fundamentals. Note that this filing involves shares held through an institutional vehicle (PTMR Capital), and the reporting person disclaims beneficial ownership except for any pecuniary interest, which can affect interpretation of control or intent. For investment decisions, consider this transaction alongside other insider activity and company fundamentals.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-17$30.17/sh−5,076$153,153→ 183,122 total(indirect: See Footnote 1)
- 16,680
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.