ROSINUS MIKE 4

What Happened
Mike Rosinus, a director of Avidbank Holdings, Inc. (AVBH), reported the sale of 19,411 shares on Feb 25, 2026. The shares were disposed at $29.90 each, for a total proceeds of $580,389. This was a sale (S) reported on a Form 4 and appears to be a routine disposition rather than an acquisition.

Key Details

• Transaction date and price: Feb 25, 2026 — 19,411 shares sold at $29.90 per share.
• Total value: $580,389 (proceeds from the sale).
• Transaction type: Sale (code S) — described as "Open market or private sale" on the Form 4.
• Shares owned after transaction: Not specified in the provided filing.
• Filing date: Form filed Feb 27, 2026 (filed within the typical two-business-day reporting window).
• Notable footnote: The sold 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 holdings; he disclaims beneficial ownership except for any pecuniary interest.

Context
The filing indicates the shares were held by an investment vehicle (PTMR Capital) over which Rosinus has control; the footnote clarifies he disclaims beneficial ownership except to the extent of any personal economic interest. Sales by directors are common and do not by themselves indicate company performance or insider sentiment.