ROSINUS MIKE 4

What Happened Mike Rosinus, a director of Avidbank Holdings, Inc. (AVBH), disposed of 3,434 shares on February 26, 2026. The shares were sold at $30.00 each for total proceeds of $103,020. The filing indicates the transaction was an open-market or private sale (code S).

Key Details

• Transaction date and price: 2026-02-26 — 3,434 shares sold at $30.00 per share (total $103,020).
• Transaction type: Sale (S) — open market or private sale as reported.
• Shares owned after transaction: Not specified in the provided Form 4.
• Footnote: The shares are held directly by PTMR Capital Partners LP. Rosinus is the sole member of the GP entities (PTMR GP, LLC and TRF Partners LLC) and has sole voting and dispositive power over the PTMR Capital shares; he disclaims beneficial ownership except to the extent of any pecuniary interest.
• Filing timeliness: Reported on 2026-02-27 for a 2026-02-26 transaction — appears to be filed promptly.

Context This was a straight sale of stock (not an option exercise, award, or gift). Sales by insiders can be routine and do not by themselves indicate company performance or future stock direction; purchases are generally more commonly interpreted as a positive signal. The filing shows the shares were held through an investment entity (PTMR Capital), with Rosinus exercising control via GP roles rather than direct personal ownership.