Avidia Bancorp (AVBC) director adds 5,900 shares in open-market buys
Rhea-AI Filing Summary
Avidia Bancorp, Inc. director Saul Kennedy O reported multiple open-market purchases of the company’s Common Stock. On 2026-08-11, he executed six non-derivative purchase transactions totaling 5,900 shares at per-share prices ranging from $21.61 to $21.67, all held as direct ownership. The filing’s Rule 10b5-1 checkbox indicates these trades were not made under a trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,900 shares
Net Buy
6 txns
Insider
Saul Kennedy O
Role
Director
Bought
5,900 shs ($128K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 13 | $21.61 | $280.93 |
| Purchase | Common Stock | 513 | $21.62 | $11K |
| Purchase | Common Stock | 145 | $21.63 | $3K |
| Purchase | Common Stock | 79 | $21.64 | $2K |
| Purchase | Common Stock | 4,278 | $21.65 | $93K |
| Purchase | Common Stock | 872 | $21.67 | $19K |
Holdings After Transaction:
Common Stock — 10,050 shares (Direct)
Key Figures
Total shares purchased: 5,900 shares of Common Stock
Number of purchase transactions: 6 transactions
Lowest purchase price: $21.61 per share
+2 more
5 metrics
Total shares purchased
5,900 shares of Common Stock
Aggregate of six open-market purchases on 2026-08-11
Number of purchase transactions
6 transactions
Non-derivative Common Stock purchases coded P on 2026-08-11
Lowest purchase price
$21.61 per share
One of the reported Common Stock purchases on 2026-08-11
Highest purchase price
$21.67 per share
One of the reported Common Stock purchases on 2026-08-11
Rule 10b5-1 plan status
Not under Rule 10b5-1 plan
Affirmation checkbox for trading plan in the Form 4
Key Terms
Form 4, non-derivative, open market or private transaction, direct ownership, +1 more
5 terms
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.
non-derivative financial
"transaction_type": "non-derivative""
open market or private transaction financial
"transaction_code_description": "Purchase in open market or private transaction""
direct ownership financial
"ownership_type": "direct""
Rule 10b5-1 regulatory
"aff_10b5_one is the filing’s document-level Rule 10b5-1 checkbox"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider activity did Avidia Bancorp (AVBC) report in this Form 4?
Avidia Bancorp reported that director Saul Kennedy O purchased 5,900 shares of Common Stock in six open-market transactions on 2026-08-11, with all shares held as direct ownership after the trades.
How many individual purchase transactions did the AVBC Form 4 disclose?
The Form 4 discloses six separate non-derivative purchase transactions in AVBC Common Stock. All occurred on 2026-08-11 and are coded “P” for purchases in open-market or private transactions.
Were the AVBC insider purchases made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 affirmation checkbox is marked negative, indicating these 5,900 shares of Common Stock were not acquired pursuant to a pre-arranged trading plan.
Is the AVBC insider ownership direct or indirect after these purchases?
The reported holdings from these transactions are classified as direct ownership. Each of the six Common Stock purchases lists the ownership code as “D”, indicating direct, rather than indirect, beneficial ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
