Avidia Bancorp grants director 20K shares, 50K options
Avidia Bancorp director received time-vested restricted stock and stock option awards, increasing his direct and trust-held equity position.
Rhea-AI Filing Summary
Avidia Bancorp, Inc. (symbol: AVBC) is the issuer of record for a Form 4 filing submitted to the SEC. Grimaldo Joseph F reported acquisition or exercise transactions in this Form 4 filing.
Avidia Bancorp, Inc. (AVBC) director Joseph F. Grimaldo received equity awards on September 16, 2026. He was granted 20,076 shares of restricted common stock and 50,190 stock options exercisable at $22.29 per share. Both the restricted stock and options vest 20% per year commencing on September 16, 2027. After these awards, he holds 20,076 common shares directly, plus indirect holdings of 49,655 shares by trust and 20,000 shares by his spouse's trust, and 50,190 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options F2 | 50,190 | $0.00 | $0.00 |
| Grant/Award | Common Stock F1 | 20,076 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares of restricted stock vest at a rate of 20% per year commencing on September 16, 2027.
- F2. Stock options vest at a rate of 20% per year commencing on September 16, 2027.
Key Figures
Key Terms
restricted stock financial
stock options financial
vesting financial
By Trust financial
By Spouse's Trust financial
FAQ
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What did the Form 4 report for Avidia Bancorp, Inc. (AVBC)?
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Is there a Rule 10b5-1 trading plan mentioned in this Avidia Bancorp (AVBC) Form 4?
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