Avidia Bancorp (AVBC) EVP buys 1,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidia Bancorp, Inc. executive Barry H. Jensen, EVP and Chief Admin Officer, bought 1,000 shares of common stock in an open-market transaction at $20.30 per share. After this purchase, he directly holds 40,000 common shares.
The Form 4 also shows indirect holdings, including 1,096 shares held through an ESOP and 100 shares held through an LLC. A footnote notes these ESOP and LLC entries reflect transactions not required to be reported under Section 16 of the Securities Act of 1934.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($20,300)
Net Buy
3 txns
Insider
Jensen Barry H
Role
EVP and Chief Admin Officer
Bought
1,000 shs ($20K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $20.30 | $20K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 40,000 shares (Direct, null);
Common Stock — 100 shares (Indirect, By LLC)
Footnotes (1)
- [object Object]
Key Figures
Open-market purchase: 1,000 shares
Purchase price: $20.30 per share
Direct holdings after transaction: 40,000 shares
+3 more
6 metrics
Open-market purchase
1,000 shares
Common Stock bought on April 29, 2026
Purchase price
$20.30 per share
Price for 1,000-share open-market buy
Direct holdings after transaction
40,000 shares
Common Stock directly owned post-transaction
Indirect ESOP holdings
1,096 shares
Common Stock held indirectly by ESOP
Indirect LLC holdings
100 shares
Common Stock held indirectly by LLC
Net insider share change
1,000 shares
Net buy shares in this Form 4
Key Terms
open-market purchase, ESOP, indirect ownership, Section 16
4 terms
open-market purchase financial
"transaction_action: "open-market purchase" for 1,000 shares at 20.3000"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
ESOP financial
"nature_of_ownership: "By ESOP" for 1,096.0000 shares"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
indirect ownership financial
"direct_or_indirect: "I" with nature_of_ownership By ESOP and By LLC"
Section 16 regulatory
"footnote: "not required to be reported pursuant to Section 16 of the Securities Act of 1934""
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did Avidia Bancorp (AVBC) report for Barry H. Jensen?
Avidia Bancorp reported that EVP and Chief Admin Officer Barry H. Jensen bought 1,000 shares of common stock. The open-market purchase was at $20.30 per share, increasing his direct holdings to 40,000 shares according to the Form 4 filing.
What indirect Avidia Bancorp (AVBC) holdings are reported for Barry H. Jensen?
The Form 4 shows 1,096 Avidia Bancorp common shares held indirectly through an ESOP and 100 shares held indirectly through an LLC. A footnote states these ESOP and LLC entries reflect transactions not required to be reported under Section 16 of the Securities Act of 1934.