Avidia Bancorp Insider Activity: Nelson Reports Buy and Sale of Shares
Rhea-AI Filing Summary
Insider transactions at Avidia Bancorp (AVBC): Jonathan M. Nelson, CFO and Treasurer, reported a purchase of 6,631 shares of Avidia common stock on 08/26/2025 at $15.0806 per share and a contemporaneous sale of 7,000 shares. After the transactions he beneficially owns 16,554 shares indirectly through a 401(k). The Form 4 was signed via power of attorney on 08/27/2025.
Positive
- Purchase disclosed of 6,631 shares at $15.0806, showing continued insider participation in company stock
- Timely filing with signature via power of attorney on 08/27/2025, satisfying Section 16 reporting requirements
Negative
- Sale of 7,000 shares on the same date which reduces the insider's liquid holdings
- Holdings are indirect (via 401(k)), indicating limited direct control or voting influence
Insights
TL;DR: Insider executed small buy and sell on same day; net position remains modest and held indirectly through a 401(k).
The reported purchase of 6,631 shares at $15.0806 and sale of 7,000 shares on the same date indicates routine portfolio activity rather than a substantial change in control or strategy. The reporting person holds 16,554 shares indirectly via a retirement account, which suggests limited direct influence on corporate decisions. No derivatives or additional material transactions are reported.
TL;DR: Transaction appears routine and small relative to typical market-moving insider trades.
As CFO and Treasurer, the officer's disclosure is required and timely. The mix of a purchase and a sale on 08/26/2025 with remaining indirect ownership through a 401(k) points to personal portfolio management under standard insider reporting rules. There is no indication of planned trading arrangements or option exercises disclosed in this filing.