Avidia Bancorp (AVBC) CEO adds 2,128 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Avidia Bancorp, Inc. President & CEO Robert D. Cozzone reported an open-market purchase of 2,128 shares of common stock at $18.80 per share, acquired indirectly through a 401(k) plan. Following this transaction, the 401(k) holding stands at 67,357 shares of Avidia Bancorp common stock.
The Form 4 also shows 1,096 shares held indirectly through an ESOP and 1,000 shares held directly, giving investors a clearer view of Cozzone’s overall equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,128 shares ($40,006)
Net Buy
3 txns
Insider
Cozzone Robert D
Role
President & CEO
Bought
2,128 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,128 | $18.80 | $40K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 67,357 shares (Indirect, By 401(k));
Common Stock — 1,000 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market purchase size: 2,128 shares
Purchase price: $18.80 per share
401(k) holdings after purchase: 67,357 shares
+3 more
6 metrics
Open-market purchase size
2,128 shares
Common Stock bought on 2026-05-29
Purchase price
$18.80 per share
Open-market purchase on 2026-05-29
401(k) holdings after purchase
67,357 shares
Indirect ownership by 401(k) after transaction
ESOP holdings
1,096 shares
Indirect ownership by ESOP as of 2026-05-29
Direct holdings
1,000 shares
Direct ownership as of 2026-05-29
Net buy shares
2,128 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, 401(k), ESOP, indirect ownership, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
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.
401(k) financial
"nature_of_ownership": "By 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
ESOP financial
"nature_of_ownership": "By ESOP""
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
"ownership_type": "indirect""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Avidia Bancorp (AVBC) report on this Form 4?
Avidia Bancorp reported that President & CEO Robert D. Cozzone bought 2,128 shares of common stock at $18.80 per share through a 401(k) plan. The filing classifies this as an open-market or private purchase transaction.
Was the Avidia Bancorp (AVBC) CEO trade a buy or a sell?
The Form 4 shows a buy transaction. Robert D. Cozzone executed an open-market purchase of 2,128 Avidia Bancorp common shares at $18.80 each, reported with transaction code P, which indicates a purchase in the open market or a private transaction.
How are the Avidia Bancorp (AVBC) CEO’s holdings split between direct and indirect ownership?
The Form 4 shows 1,000 Avidia Bancorp shares held directly by Robert D. Cozzone. Indirectly, he reports 1,096 shares held through an ESOP and 67,357 shares held via a 401(k) plan, highlighting multiple forms of equity-based ownership.