ROSINUS MIKE 4

What Happened Mike Rosinus, a director of Avidbank Holdings, sold 1,000 shares in an open-market/private sale on February 27, 2026, at $29.55 per share, for proceeds of $29,550. The Form 4 covering the transaction was filed on March 2, 2026.

Key Details

• Transaction date and type: 2026-02-27 — Sale (code S), reported as open-market or private sale.
• Price and value: 1,000 shares at $29.55 each = $29,550 total.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The shares are held directly by PTMR Capital Partners LP; Rosinus is the sole member of the general partner entities and has sole voting and dispositive power over those shares but disclaims beneficial ownership except for any pecuniary interest.
• Timeliness: Filing date 2026-03-02 — within the required two-business-day reporting window (timely).

Context This was a sale, which is a routine insider action and does not by itself indicate the director’s view of the company’s prospects. Purchases tend to be more informative about insider sentiment; sales can reflect many reasons (portfolio rebalancing, tax or liquidity needs, or transfers via entities).