Form 4: AVBC CFO Jonathan Nelson Buys Shares on 08/28/2025
Rhea-AI Filing Summary
Avidia Bancorp CFO Jonathan Nelson reported insider purchases on 08/28/2025. The Form 4 shows two purchases of Common Stock: 500 shares at $15.4699 and 2,740 shares at $15.47. Following those transactions, the filing reports 10,240 shares held directly and 16,554 shares held indirectly via a 401(k). The filing was signed under power of attorney.
Positive
- Insider purchases disclosed: CFO acquired 500 shares at $15.4699 and 2,740 shares at $15.47 on 08/28/2025
- Clear ownership reporting: Filing states 10,240 shares direct and 16,554 shares indirect (401(k)) following reported transactions
Negative
- None.
Insights
TL;DR: The company's CFO made multiple purchases totaling 3,240 shares on 08/28/2025, increasing direct and reported ownership.
The filing documents two purchase transactions by Jonathan Nelson, CFO and Treasurer, acquiring 500 shares at $15.4699 and 2,740 shares at $15.47 on 08/28/2025. The report lists 10,240 shares beneficially owned directly after the transactions and 16,554 shares held indirectly through a 401(k). The transactions are coded as purchases and the Form 4 is executed via power of attorney.
TL;DR: Insider disclosure is complete for the reported purchases and identifies reporting person roles and ownership form.
The Form 4 identifies the reporting person, roles (CFO and Treasurer, director checkbox marked), transaction dates, prices, and post-transaction beneficial ownership split between direct and indirect holdings. The signature block shows filing by power of attorney dated 08/28/2025. The filing contains no additional explanatory text beyond standard disclosure fields.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $15.4699 | $8K |
| Purchase | Common Stock | 2,740 | $15.47 | $42K |
| holding | Common Stock | -- | -- | -- |