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Avidia Bancorp corrects 2026 vote results

AVBC corrected prior vote counts and confirmed director elections, equity plan approval, and auditor ratification from its September 15, 2026 annual meeting.

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
8-K/A

Rhea-AI Filing Summary

Avidia Bancorp, Inc. (AVBC) filed an amendment to correct vote tallies from its September 15, 2026 annual meeting after previously double counting votes cast by Avidia Bank Charitable Foundation, Inc. Four director nominees were elected to three-year terms, each receiving between 10.6 million and 11.7 million votes in favor, with 4.3 million broker non-votes recorded on each nominee.

Stockholders approved the 2026 Equity Incentive Plan with 11,430,038 votes for, 404,989 against, 248,811 abstentions, and 4,302,721 broker non-votes. The appointment of BDMP Assurance, LLP as independent registered public accounting firm for the year ending December 31, 2026 was ratified with 16,237,255 votes for, 97,574 against, and 51,730 abstentions.

Positive

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Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Votes for Vanessa E. Candela 11,699,353 votes Election as director at September 15, 2026 annual meeting
Votes for Michael R. Girard 10,583,006 votes Election as director at September 15, 2026 annual meeting
Votes for Mark R. O’Connell 11,712,970 votes Election as director at September 15, 2026 annual meeting
Votes for Kennedy O. Saul 11,652,142 votes Election as director at September 15, 2026 annual meeting
Equity Incentive Plan votes for 11,430,038 votes Approval of Avidia Bancorp, Inc. 2026 Equity Incentive Plan
Equity Incentive Plan votes against 404,989 votes Approval of Avidia Bancorp, Inc. 2026 Equity Incentive Plan
Auditor ratification votes for 16,237,255 votes Ratification of BDMP Assurance, LLP for fiscal year 2026
Broker non-votes on director and plan items 4,302,721 votes Each director election and the 2026 Equity Incentive Plan
Broker Non-Votes financial
"For | Withhold | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Equity Incentive Plan financial
"The Avidia Bancorp, Inc. 2026 Equity Incentive Plan was approved"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
independent registered public accounting firm financial
"to serve as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Avidia Bancorp, Inc. (AVBC) change in this 8-K/A amendment?
The amendment revises annual meeting vote tallies after the company inadvertently double counted votes cast by Avidia Bank Charitable Foundation, Inc., and restates the final results for director elections, the 2026 Equity Incentive Plan, and auditor ratification.

Were Avidia Bancorp, Inc. (AVBC) director nominees elected after the corrected vote?
Yes. Director nominees Vanessa E. Candela, Michael R. Girard, Mark R. O’Connell, and Kennedy O. Saul were elected to three-year terms, each receiving between 10,583,006 and 11,712,970 votes for, with 4,302,721 broker non-votes on each nominee.

Did AVBC stockholders approve the 2026 Equity Incentive Plan?
Yes. The Avidia Bancorp, Inc. 2026 Equity Incentive Plan was approved with 11,430,038 votes for, 404,989 against, 248,811 abstentions, and 4,302,721 broker non-votes, based on the corrected vote counts.

Which auditor did Avidia Bancorp, Inc. (AVBC) stockholders ratify for 2026?
Stockholders ratified BDMP Assurance, LLP as Avidia Bancorp, Inc.’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 16,237,255 votes for, 97,574 against, and 51,730 abstentions.

Why were there broker non-votes in AVBC’s annual meeting results?
Broker non-votes were reported on the director elections and the 2026 Equity Incentive Plan, totaling 4,302,721 on each of those items, reflecting shares held in street name that did not vote on those specific proposals.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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0002058758true00020587582026-09-152026-09-15

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K/A

 

CURRENT REPORT

(Amendment No. 1)

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 15, 2026

 

 

Avidia Bancorp, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Maryland

001-42775

33-4239888

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

42 Main Street

 

Hudson, Massachusetts

 

01749

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 800 5082265

 

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common stock, $0.01 par value per share

 

AVBC

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

EXPLANATORY NOTE

This Current Report on Form 8-K/A (Amendment No. 1) is filed to revise the vote tallies disclosed in the Current Report on Form 8-K filed on September 15, 2026, which inadvertently double counted the votes cast by Avidia Bank Charitable Foundation, Inc.

 

Item 5.07 Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Stockholders of Avidia Bancorp, Inc. (the “Company”) was held on September 15, 2026. The final vote result on each matter submitted to a vote of stockholders is as follows:

 

1.
The following nominees were elected to serve as directors of the Company, each for a three-year term or until his or her successor is duly elected and qualified, by the following vote:

 

 

 

For

Withhold

Broker Non-Votes

 

Vanessa E. Candela

11,699,353

384,485

4,302,721

 

Michael R. Girard

10,583,006

1,500,832

4,302,721

 

Mark R. O’Connell

11,712,970

370,868

4,302,721

 

Kennedy O. Saul

11,652,142

431,696

4,302,721

 

2.
The Avidia Bancorp, Inc. 2026 Equity Incentive Plan was approved by the following vote:

 

For

Against

Abstain

Broker Non-Votes

11,430,038

404,989

248,811

4,302,721

 

 

 

 

 

3.
The appointment of BDMP Assurance, LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, was ratified by the following vote:

 

For

Against

Abstain

Broker Non-Votes

16,237,255

97,574

51,730

0

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

 

AVIDIA BANCORP, INC.

 

 

 

 

Date:

September 16, 2026

By:

/s/ Robert D. Cozzone

 

 

 

Robert D. Cozzone
President and Chief Executive Officer

 

 

Source: View Original Filing on SEC EDGAR

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