AVBC Form 4: CEO Robert Cozzone Buys 3,436 Shares at $14.55
Robert D. Cozzone, President & CEO and director of Avidia Bancorp (AVBC), reported insider transactions on Form 4.
Rhea-AI Filing Summary
Robert D. Cozzone, President & CEO and director of Avidia Bancorp (AVBC), reported insider transactions on Form 4. The filing shows an acquisition of 3,436 shares of Avidia common stock on 08/13/2025 at a price of $14.5516 per share, increasing reported beneficial ownership to 6,946 shares held indirectly through a 401(k). The filing also records a separate disposition of 1,000 shares. The report was signed on 08/15/2025 by an authorized agent.
Positive
- Insider purchase disclosed: CEO acquired 3,436 shares at $14.5516, indicating management ownership interest.
- Proper disclosure and signature: Form 4 was signed by an authorized agent on 08/15/2025.
Negative
- None.
Insights
TL;DR: CEO reported a net acquisition of company stock, modest in size but signals management ownership.
The Form 4 discloses a purchase of 3,436 common shares at $14.5516 and a disposition of 1,000 shares, resulting in 6,946 shares beneficially owned indirectly via a 401(k). For an investor-focused securities analyst, this is a routine Section 16 filing showing insider activity by the President & CEO. The absolute sizes are small relative to typical market-capitalization impacts, so this is informational rather than material to valuation models.
TL;DR: Insider transaction is disclosed and properly signed; no governance red flags apparent from this filing.
The report lists the reporting person as both an officer (President & CEO) and a director and shows transactions executed on 08/13/2025 with the Form 4 filed/signed on 08/15/2025 by an authorized attorney-in-fact. The transactions include an acquisition and a separate disposition; the filing includes an indirect ownership disclosure (401(k)). There are no amendments, unusual codes, or unexplained derivative positions noted in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,436 | $14.5516 | $50K |
| holding | Common Stock | -- | -- | -- |
FAQ
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What did AVBC insider Robert D. Cozzone report on Form 4?
What is the reporting person's role at Avidia Bancorp (AVBC)?
How was the ownership held according to the Form 4?
When were the transactions and when was the Form 4 signed?
AI-generated analysis. How Rhea-AI works. Not financial advice.