Avidia Bancorp (AVBC) CEO adds 1,064 shares in open-market 401(k) buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidia Bancorp, Inc. President & CEO Robert D. Cozzone reported an indirect open-market purchase of 1,064 shares of common stock at $18.79 per share through a 401(k) account. Following this transaction, his indirectly held balance through the 401(k) is 63,206 shares, in addition to 1,000 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,064 shares ($19,993)
Net Buy
2 txns
Insider
Cozzone Robert D
Role
President & CEO
Bought
1,064 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,064 | $18.79 | $20K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 63,206 shares (Indirect, By 401(k));
Common Stock — 1,000 shares (Direct)
Footnotes (1)
FAQ
What did Avidia Bancorp (AVBC) CEO Robert Cozzone report on this Form 4?
Robert D. Cozzone reported an indirect open-market purchase of 1,064 Avidia Bancorp common shares at $18.79 per share through a 401(k) account. The filing also updates his directly and indirectly held post-transaction share balances.
Is the Avidia Bancorp (AVBC) CEO’s new position held directly or indirectly?
Most of the CEO’s reported holdings are indirect, with 63,206 shares held through a 401(k) account. He also has 1,000 Avidia Bancorp shares held directly, according to the post-transaction ownership details in the Form 4 filing.
What type of transaction did the Avidia Bancorp (AVBC) Form 4 disclose?
The Form 4 discloses an open-market purchase of common stock, classified under code P. The transaction reflects a 1,064-share buy at $18.79 per share, reported as an indirect holding via a 401(k) retirement plan.