Avidia Bancorp (AVBC) EVP adds 1,000 shares in open-market buy
Rhea-AI Filing Summary
Avidia Bancorp, Inc. executive Barry H. Jensen, EVP and Chief Administrative Officer, reported an open-market purchase of 1,000 shares of Common Stock. The shares were bought at a price of $20.19 per share on May 8, 2026. After this purchase, Jensen directly holds 41,000 shares. He also has indirect holdings reported as 1,096 shares through an ESOP and 100 shares through an LLC.
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Insights
Avidia EVP made a modest open-market share purchase.
EVP and Chief Administrative Officer Barry H. Jensen executed an open-market purchase of 1,000 Avidia Bancorp common shares at $20.19 on May 8, 2026. This is a straightforward insider buy, not tied to options or other derivatives.
Following the transaction, Jensen directly owns 41,000 shares, with additional indirect positions of 1,096 ESOP shares and 100 shares via an LLC. The filing shows no derivative positions, tax withholding, or sales, and the net activity in this report is purely a net buy of 1,000 shares.
The scale of the trade, relative to the direct holding disclosed in this filing, suggests a routine incremental purchase rather than a transformational position change. There is no indication in the data provided that the transaction occurred under a pre-arranged trading plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $20.19 | $20K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |