Avidia Bancorp (AVBC) insider increases stake to 42,834 shares after purchases
Rhea-AI Filing Summary
Michael N. Flanigan, a director of Avidia Bancorp (AVBC), reported multiple purchases of common stock on 08/08/2025 executed at prices between $14.38 and $14.49. The Form 4 shows purchases totaling 22,536 shares carried in an IRA, bringing those IRA holdings to 24,500 shares. He also reports indirect holdings of 13,334 shares via an LLC and 5,000 shares via an LLP, for a combined beneficial ownership of 42,834 shares. All listed transactions are coded "P" and no derivative securities are reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director executed a series of purchases totaling 22,536 shares; holds 42,834 shares overall.
The filing documents nine non-derivative purchases on 08/08/2025 at prices ranging from $14.38 to $14.49, totaling 22,536 shares acquired into an IRA and raising the IRA balance to 24,500 shares. Additional indirect holdings shown are 13,334 shares via an LLC and 5,000 shares via an LLP, yielding aggregate beneficial ownership of 42,834 shares. Transactions are coded "P" in the form. No options, warrants, or other derivative securities are reported, so the change is limited to common stock exposure.
TL;DR: Multiple insider purchases reported; holdings are a mix of direct IRA and indirect entity positions.
The report identifies Michael N. Flanigan as a director who increased his common stock position through a series of purchases executed on a single date. The holding structure is notable: primary additions were made into an IRA while meaningful indirect positions are held through an LLC and an LLP, totaling 42,834 shares. The disclosure is straightforward and contains no derivative positions or amendments; transactions carry code "P" as presented on the form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 200 | $14.38 | $3K |
| Purchase | Common Stock | 699 | $14.39 | $10K |
| Purchase | Common Stock | 5,375 | $14.40 | $77K |
| Purchase | Common Stock | 637 | $14.41 | $9K |
| Purchase | Common Stock | 1,001 | $14.45 | $14K |
| Purchase | Common Stock | 201 | $14.46 | $3K |
| Purchase | Common Stock | 2,100 | $14.47 | $30K |
| Purchase | Common Stock | 6,000 | $14.48 | $87K |
| Purchase | Common Stock | 6,323 | $14.49 | $92K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
