AVBC Form 4: CEO Robert Cozzone Buys 3,279 Shares at $15.25
Robert D. Cozzone, who is listed as President & CEO and a director of Avidia Bancorp, Inc. (AVBC), reported changes in his beneficial ownership on a Form 4.
Rhea-AI Filing Summary
Robert D. Cozzone, who is listed as President & CEO and a director of Avidia Bancorp, Inc. (AVBC), reported changes in his beneficial ownership on a Form 4.
The filing shows a reported acquisition of 3,279 shares of Avidia common stock on 09/04/2025 at a reported price of $15.2469 per share, and indicates total beneficial ownership following the reported transaction of 33,567 shares held indirectly (noted "By 401(k)"). The form also lists a separate disposition of 1,000 shares (marked "D") on the report lines; full detail for that disposal line is not provided in the visible text.
Positive
- Insider purchase disclosed: Acquisition of 3,279 shares reported on 09/04/2025 at $15.2469 per share
- Substantial indirect holding: Reporting person retains 33,567 shares held indirectly through a 401(k)
- Timely Form 4 filing: Report executed and signed by power of attorney on 09/05/2025
Negative
- Incomplete disposal detail: A disposition of 1,000 shares is listed but the visible excerpt lacks full transaction date/code/context for that line
- Limited context for materiality: The filing does not include information needed to assess whether these trades materially affect control or investor valuation
Insights
TL;DR: Insider reported a small purchase and retains meaningful indirect holdings; transaction size appears routine, not clearly material.
The Form 4 discloses a purchase of 3,279 shares at $15.2469 and an indirect position of 33,567 shares held via a 401(k). For investors, this shows continued insider ownership and a current indirect stake; the filing does not provide evidence of a large change in control or a material shift in position. The separate 1,000-share disposition is shown but lacks contextual detail in the provided text, limiting full assessment.
TL;DR: Filing meets reporting requirements for known transactions, but one disposal line lacks clear details in the excerpt.
As both an officer and director, the reporting person’s trades are appropriately disclosed on Form 4. The acquisition and the noted indirect holdings via a 401(k) are consistent with routine insider activity and retirement-account holdings. The document extract includes a disposition of 1,000 shares without full table context, which should be reviewed in the complete filing to confirm dates and codes for compliance clarity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,279 | $15.2469 | $50K |
| holding | Common Stock | -- | -- | -- |
FAQ
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What did Robert D. Cozzone report on the Form 4 for AVBC?
When was the Form 4 for AVBC filed and signed?
What is the reporting person's role at Avidia Bancorp (AVBC)?
Is there any missing or unclear information in the provided Form 4 excerpt?
AI-generated analysis. How Rhea-AI works. Not financial advice.