Avidia Bancorp EVP buys 1,209 AVBC shares
Avidia Bancorp, Inc. executive vice president and chief risk officer Nicolas Karmelek reported an open-market purchase of 1,209 shares of common stock at $20.76 per share on April 28, 2026.
Rhea-AI Filing Summary
Avidia Bancorp, Inc. executive vice president and chief risk officer Nicolas Karmelek reported an open-market purchase of 1,209 shares of common stock at $20.76 per share on April 28, 2026. Following this transaction, his directly held stake increased to 7,694 shares.
The filing also shows indirect ownership of 1,096 shares held through an ESOP and 21,871 shares held through a 401(k) plan, described as transactions not required to be reported under Section 16. No derivative securities are listed as outstanding in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,209 shares
Net Buy
3 txns
Insider
Karmelek Nicolas
Role
EVP and CRO
Bought
1,209 shs ($25K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,209 | $20.76 | $25K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,694 shares (Direct);
Common Stock — 21,871 shares (Indirect, By 401(k));
Common Stock — 1,096 shares (Indirect, By ESOP)
Footnotes (1)
- F1. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
Key Figures
Open-market purchase: 1,209 shares
Purchase price: $20.76 per share
Direct holdings after transaction: 7,694 shares
+3 more
6 metrics
Open-market purchase
1,209 shares
Common Stock bought on April 28, 2026
Purchase price
$20.76 per share
Price for 1,209 common shares
Direct holdings after transaction
7,694 shares
Common Stock directly owned after April 28, 2026 buy
Indirect ESOP holdings
1,096 shares
Common Stock held indirectly via ESOP
Indirect 401(k) holdings
21,871 shares
Common Stock held indirectly via 401(k) plan
Net insider share change
1,209 shares
Net buy per transaction summary
Key Terms
open-market purchase, Section 16, ESOP, 401(k), +1 more
5 terms
open-market purchase financial
"reported an open-market purchase of 1,209 shares of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Section 16 regulatory
"transactions not required to be reported pursuant to Section 16 of the Securities Act"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ESOP financial
"indirect ownership of 1,096 shares held through an ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401(k) financial
"21,871 shares held through a 401(k) plan"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Form 4/A regulatory
"reported on this Form 4/A"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AVBC executive Nicolas Karmelek report on this Form 4/A?
Nicolas Karmelek reported an open-market purchase of 1,209 shares of Avidia Bancorp common stock. The shares were bought at $20.76 per share on April 28, 2026, increasing his directly held position to 7,694 shares after the transaction.
What indirect Avidia Bancorp (AVBC) holdings are reported for Nicolas Karmelek?
The filing reports indirect ownership of 1,096 shares of Avidia Bancorp stock held through an ESOP and 21,871 shares held through a 401(k) plan. These entries are noted as transactions not required to be reported under Section 16.
Does this AVBC Form 4/A show any derivative securities for Nicolas Karmelek?
No derivative securities are listed for Nicolas Karmelek in this Form 4/A. The filing only reports common stock positions, including the 1,209 shares purchased in the open market and indirect holdings via an ESOP and a 401(k) plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
