Avidia Bancorp (AVBC) CFO boosts stake with 6,631-share open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidia Bancorp, Inc. reported that CFO and Treasurer Nelson Jonathan Michael bought common stock on August 26, 2025. He made an open-market purchase of 6,631 shares at $15.0806 per share through a 401(k) account, bringing his indirect holdings there to 16,554 shares. He also holds 7,000 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,631 shares ($99,999)
Net Buy
2 txns
Insider
Nelson Jonathan Michael
Role
CFO and Treasurer
Bought
6,631 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,631 | $15.0806 | $100K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,554 shares (Indirect, By 401(k));
Common Stock — 7,000 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Avidia Bancorp (AVBC) report for its CFO?
Avidia Bancorp reported an insider share purchase by its CFO. Nelson Jonathan Michael bought 6,631 shares of common stock on August 26, 2025, as an open-market transaction, adding to his existing holdings and signaling increased personal exposure to the company’s equity.
What type of transaction did Avidia Bancorp’s (AVBC) CFO execute on August 26, 2025?
The CFO executed an open-market purchase of common stock. The Form 4 lists transaction code “P” for a purchase, describing it as an open-market or private transaction, and classifies the acquired 6,631 shares as indirectly owned through a 401(k) plan.
Is the Avidia Bancorp (AVBC) CFO’s new holding classified as direct or indirect ownership?
The newly purchased 6,631 shares are classified as indirect ownership. They are held “By 401(k),” meaning they reside in a retirement plan account. Separately, the filing discloses 7,000 shares categorized as directly owned by the executive himself.
Who is the Avidia Bancorp (AVBC) insider involved in this Form 4 filing?
The insider is Nelson Jonathan Michael, CFO and Treasurer. The filing identifies him as an officer of Avidia Bancorp, not a director or 10% owner, and reports his recent purchase of common stock and resulting direct and indirect shareholdings in the company.