Avidia Bancorp (AVBC) EVP adds to stake with small open-market buys
Rhea-AI Filing Summary
Avidia Bancorp, Inc. executive Nicolas Karmelek, EVP and CRO, reported two open-market purchases of Common Stock. He bought 19 shares on 2026-05-27 at $19.08 per share and 14 shares on 2026-02-25 at $18.92 per share, for a total of 33 shares.
He also reports indirect holdings of 22,110 shares of Common Stock held by a 401(k) plan and 1,096 shares held by an ESOP, both as of 2026-02-25, with the 401(k) balance reflecting transactions not required to be reported under Section 16.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33 shares
Net Buy
4 txns
Insider
Karmelek Nicolas
Role
EVP and CRO
Bought
33 shs ($627.40)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 19 | $19.08 | $362.52 |
| Purchase | Common Stock | 14 | $18.92 | $264.88 |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,727 shares (Direct);
Common Stock — 22,110 shares (Indirect, By 401(k));
Common Stock — 1,096 shares (Indirect, By ESOP)
Footnotes (1)
- F1. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
Key Figures
Shares purchased 2026-05-27: 19 shares
Purchase price 2026-05-27: $19.08 per share
Shares purchased 2026-02-25: 14 shares
+4 more
7 metrics
Shares purchased 2026-05-27
19 shares
Common Stock bought at $19.08 per share on 2026-05-27
Purchase price 2026-05-27
$19.08 per share
Open-market or private transaction in Common Stock
Shares purchased 2026-02-25
14 shares
Common Stock bought at $18.92 per share on 2026-02-25
Purchase price 2026-02-25
$18.92 per share
Open-market or private transaction in Common Stock
Indirect 401(k) holdings
22,110 shares
Common Stock held indirectly by 401(k) as of 2026-02-25
Indirect ESOP holdings
1,096 shares
Common Stock held indirectly by ESOP as of 2026-02-25
Total shares purchased in filing
33 shares
Sum of reported open-market Common Stock purchases
Key Terms
Section 16 of the Securities Act of 1934, 401(k), ESOP, open market or private transaction
4 terms
Section 16 of the Securities Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934"
401(k) financial
"total_shares_following_transaction": "22110.0000", "nature_of_ownership": "By 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
ESOP financial
"total_shares_following_transaction": "1096.0000", "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.
open market or private transaction financial
"transaction_code_description": "Purchase in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock purchases did AVBC executive Nicolas Karmelek report?
Nicolas Karmelek reported two open-market purchases of Avidia Bancorp (AVBC) Common Stock, totaling 33 shares. He bought 14 shares on 2026-02-25 and 19 shares on 2026-05-27 at prices just under $19.10 per share.
What indirect AVBC holdings does Nicolas Karmelek disclose in this Form 4?
Karmelek discloses indirect holdings of 22,110 shares of AVBC Common Stock held by a 401(k) plan and 1,096 shares held by an ESOP as of 2026-02-25. The 401(k) balance reflects transactions not required to be reported under Section 16.
Were Nicolas Karmelek’s AVBC stock purchases made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked, and the footnotes do not describe any Rule 10b5-1 trading plan. The reported AVBC stock purchases therefore are not identified as being executed under a pre-arranged trading plan.
What is Nicolas Karmelek’s role at Avidia Bancorp (AVBC)?
In this Form 4, Nicolas Karmelek is identified as an officer of Avidia Bancorp, Inc., holding the title of EVP and CRO (Executive Vice President and Chief Risk Officer). His reported AVBC stock transactions reflect activity in that capacity.