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Avidia Bancorp grants director 20K shares, 50K options

Avidia Bancorp director Vanessa Candela received time-vested restricted stock and options as part of equity compensation on September 16, 2026.

(Neutral)
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Form Type
4

Rhea-AI Filing Summary

Avidia Bancorp, Inc. (AVBC) director Vanessa Candela reported equity compensation awards on September 16, 2026. She received 20,076 shares of restricted common stock, giving her 20,176 common shares held directly after the award, and 50,190 stock options with an exercise price of $22.29 per share.

The restricted shares and options each vest 20% per year starting September 16, 2027, providing time-based, multi-year incentive alignment. No Rule 10b5-1 trading plan is reported for these awards.

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Insider Candela Vanessa
Role Director
Type Security Shares Price Value
Grant/Award Stock Options F2 50,190 $0.00 $0.00
Grant/Award Common Stock F1 20,076 $0.00 $0.00
Holdings After Transaction: Stock Options — 50,190 contracts (Direct); Common Stock — 20,176 shares (Direct)
Footnotes (2)
  1. F1. Shares of restricted stock vest at a rate of 20% per year commencing on September 16, 2027.
  2. F2. Stock options vest at a rate of 20% per year commencing on September 16, 2027.
Restricted stock granted 20,076 shares Restricted common stock awarded to director on September 16, 2026
Common shares held after grant 20,176 shares Direct holdings of common stock following the restricted stock award
Stock options granted 50,190 options Stock option award to director on September 16, 2026
Option exercise price $22.29 per share Exercise price for the 50,190 stock options granted
Vesting rate 20% per year Applies to both restricted stock and options, starting September 16, 2027
Option expiration date September 16, 2036 Expiration of the 50,190 stock options
restricted stock financial
"Shares of restricted stock vest at a rate of 20% per year"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Options financial
"Stock options vest at a rate of 20% per year"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
exercise price financial
"conversion_or_exercise_price": "22.2900"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"vest at a rate of 20% per year commencing on September 16, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did AVBC director Vanessa Candela receive on September 16, 2026?

She received 20,076 shares of restricted common stock and 50,190 stock options with an exercise price of $22.29 per share as equity compensation awards.

How many Avidia Bancorp (AVBC) common shares does Vanessa Candela hold after these awards?

Following the September 16, 2026 restricted stock grant, Vanessa Candela directly holds 20,176 shares of Avidia Bancorp common stock.

What are the vesting terms of Vanessa Candela’s AVBC restricted stock?

The 20,076 restricted shares of Avidia Bancorp common stock vest at a rate of 20% per year, commencing on September 16, 2027.

What are the vesting terms of Vanessa Candela’s AVBC stock options?

The 50,190 stock options vest at a rate of 20% per year, commencing on September 16, 2027, and have an exercise price of $22.29 per share.

Was a Rule 10b5-1 trading plan involved in Vanessa Candela’s AVBC Form 4 transactions?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported for these transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Candela Vanessa

(Last)(First)(Middle)
42 MAIN ST

(Street)
HUDSON MASSACHUSETTS 01749

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Avidia Bancorp, Inc. [ AVBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock09/16/2026A20,076(1)A$020,176D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options$22.2909/16/2026A50,190(2)09/16/202709/16/2036Common Stock50,190(2)$050,190(2)D
Explanation of Responses:
1. Shares of restricted stock vest at a rate of 20% per year commencing on September 16, 2027.
2. Stock options vest at a rate of 20% per year commencing on September 16, 2027.
/s/ Victor L. Cangelosi, pursuant to power of attorney09/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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