Form 4: Nelson Jonathan Michael reports purchase transactions in AVBC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nelson Jonathan Michael reported open-market purchase transactions in a Form 4 filing for AVBC. The filing lists transactions totaling 9,923 shares at a weighted average price of $14.45 per share. Following the reported transactions, holdings were 9,923 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,923 shares ($143,360)
Net Buy
2 txns
Insider
Nelson Jonathan Michael
Role
CFO and Treasurer
Bought
9,923 shs ($143K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 9,923 | $14.4472 | $143K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 9,923 shares (Indirect, By 401(k));
Common Stock — 7,000 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did Avidia Bancorp (AVBC) report for August 8, 2025?
Avidia Bancorp reported its CFO and treasurer, Nelson Jonathan Michael, bought 9,923 shares of common stock on August 8, 2025 at $14.4472 per share. The purchase was an open-market transaction held indirectly through his 401(k) account.
Was the Avidia Bancorp (AVBC) insider transaction a purchase or a sale?
The Avidia Bancorp insider transaction was a purchase. The Form 4 lists transaction code “P,” described as an open-market or private purchase, with 9,923 common shares acquired at a price of $14.4472 per share through the CFO’s 401(k).
How are direct and indirect holdings reported for Avidia Bancorp (AVBC) insiders?
Direct holdings are reported under ownership code “D,” while indirect holdings use code “I” with a description. In this filing, 9,923 shares are indirectly owned “By 401(k),” and 7,000 shares are listed as directly owned by the reporting officer.
Who signed the Avidia Bancorp (AVBC) Form 4 reporting this insider trade?
The Form 4 was signed by “/s/ Victor L. Cangelosi, pursuant to Power of Attorney” on August 11, 2025. This indicates the signatory acted under a power of attorney on behalf of reporting person Nelson Jonathan Michael.