Avidia Bancorp (AVBC) EVP Barry Jensen buys 500 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidia Bancorp EVP and Chief Admin Officer Barry H. Jensen reported an open-market purchase of 500 shares of Avidia Bancorp common stock at $18.88 per share. After this transaction, he directly holds 42,000 common shares, with additional indirect holdings of 1,096 shares through an ESOP and 100 shares through an LLC.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares ($9,440)
Net Buy
3 txns
Insider
Jensen Barry H
Role
EVP and Chief Admin Officer
Bought
500 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $18.88 | $9K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 42,000 shares (Direct, null);
Common Stock — 100 shares (Indirect, By LLC)
Footnotes (1)
Key Figures
Open-market purchase: 500 shares
Purchase price: $18.88 per share
Direct holdings after transaction: 42,000 shares
+3 more
6 metrics
Open-market purchase
500 shares
Common Stock bought by EVP Barry H. Jensen
Purchase price
$18.88 per share
Price for 500-share common stock buy
Direct holdings after transaction
42,000 shares
Common Stock directly owned post-transaction
Indirect ESOP holdings
1,096 shares
Common Stock held indirectly by ESOP
Indirect LLC holdings
100 shares
Common Stock held indirectly by LLC
Net buy shares
500 shares
Net change in buy/sell activity in this filing
Key Terms
open-market purchase, ESOP, indirect ownership, Form 4
4 terms
open-market purchase financial
"transaction_action: "open-market purchase""
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.
ESOP financial
"nature_of_ownership: "By 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.
indirect ownership financial
"ownership_type: "indirect" with ESOP and LLC holdings"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Avidia Bancorp (AVBC) report for Barry H. Jensen?
Avidia Bancorp reported that EVP and Chief Admin Officer Barry H. Jensen purchased 500 shares of common stock in an open-market transaction. The shares were bought at a price of $18.88 per share, indicating a personal increase in his direct ownership stake.
What indirect Avidia Bancorp (AVBC) holdings are associated with Barry H. Jensen?
The filing shows indirect holdings of 1,096 Avidia Bancorp common shares held by an ESOP and 100 shares held by an LLC. These positions are reported as indirect ownership interests separate from Jensen’s 42,000 directly held common shares.