Avidia Bancorp (AVBC) insider purchase: 3,240 shares reported
Rhea-AI Filing Summary
Avidia Bancorp CFO and Treasurer Jonathan M. Nelson reported an open-market purchase of 3,240 shares of the company's common stock on 09/03/2025 at a price of $15.45 per share. After the transaction he beneficially owns 13,480 shares directly and 16,554 shares indirectly through a 401(k) plan. The Form 4 was signed by an attorney on behalf of the reporting person.
Positive
- Insider purchase of 3,240 shares at $15.45 indicates direct acquisition activity
- Clear disclosure of both direct (13,480 shares) and indirect (16,554 shares via 401(k)) beneficial ownership
- Form properly signed (power of attorney signature present)
Negative
- None.
Insights
TL;DR: Insider purchase noted; holdings increased modestly, transaction appears routine.
The filing documents a single non-derivative acquisition of 3,240 common shares at $15.45 on 09/03/2025 by the company's CFO and Treasurer. Post-transaction direct beneficial ownership is 13,480 shares with an additional 16,554 shares held indirectly via a 401(k). From an investor-disclosure perspective this is a standard Section 16 report showing insider buying and existing retirement-plan holdings; no derivative activity or dispositions are reported.
TL;DR: Disclosure is clear and compliant; shows insider acquisition and plan-based indirect holdings.
The Form 4 lists a purchase coded as "P" totaling 3,240 shares at $15.45 and clearly states direct and indirect ownership counts. The filing includes a signature executed by power of attorney, which is properly noted. There are no amendments, derivative transactions, or additional explanatory disclosures in the form.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,240 | $15.45 | $50K |
| holding | Common Stock | -- | -- | -- |