Avidia Bancorp, Inc. SEC filings document formal disclosures by the holding company of Avidia Bank. Recent 8-K reports furnish unaudited operating results, financial-condition updates, dividend declarations, and exhibits containing earnings releases for the bank holding company.
The filing record also covers public-company governance and reporting matters, including a director appointment and audit committee service, changes in the company’s independent registered public accounting firm, and related disclosures about accounting disagreements, reportable events, and board actions.
Avidia Bancorp insider reported purchases and a sale on 08/15/2025. Robert D. Cozzone, President & CEO and a director, acquired 6,840 shares of Avidia Bancorp common stock at $14.6197 per share and now beneficially owns 13,786 shares, including indirect holdings via a 401(k). He also disposed of 1,000 shares. The Form 4 was signed via power of attorney on 08/18/2025.
Robert D. Cozzone, President & CEO and director of Avidia Bancorp (AVBC), reported insider transactions on Form 4. The filing shows an acquisition of 3,436 shares of Avidia common stock on 08/13/2025 at a price of $14.5516 per share, increasing reported beneficial ownership to 6,946 shares held indirectly through a 401(k). The filing also records a separate disposition of 1,000 shares. The report was signed on 08/15/2025 by an authorized agent.
Avidia Bancorp's filing includes planned corporate reorganization, credit portfolio descriptions, selected debt and tax items, and a broad list of business and risk factors. The company describes a two-step merger where Assabet Valley Bancorp will become a Massachusetts stock corporation, merge into the holding company, and the holding company will offer common stock to depositors and others under an SEC-registered prospectus. The filing reports income tax benefits related to reclassification adjustments of $22,000 and $174,000 for the three- and six-month periods ended June 30, 2025, and $384,000 for comparable 2024 periods. Subordinated debt was recorded at $27.7 million net of issuance costs at June 30, 2025. Expense items tied to certain plans totaled $258,000 and $810,000 for the three- and six-month periods ended June 30, 2025. The filing also outlines loan segment collateral types, advance rates, definitions of nonperforming loans, and many operational, market, regulatory, credit and cyber risk factors.
Avidia Bancorp officer Barry H. Jensen reported purchases on 08/13/2025, acquiring 100 shares at $14.45 and 2,900 shares at $14.50. After these transactions Mr. Jensen beneficially owned 15,000 shares directly. The filing also reports 100 shares indirectly owned through an LLC. The Form 4 was signed under power of attorney on 08/14/2025.
Jensen Barry H, an EVP and Chief Administrative Officer and director of Avidia Bancorp (AVBC), reported acquiring 2,000 shares of the issuer's common stock at $14.53 per share, increasing his direct holdings to 12,000 shares. The filing also shows an indirect holding of 100 shares through an LLC. No derivative securities are reported on this form.
Avidia Bancorp President & CEO Robert D. Cozzone bought 3,410 shares of common stock at $14.6584 per share in an open-market purchase through a 401(k) plan. After this buy, he indirectly holds 3,510 shares via the 401(k) and directly holds 1,000 shares.
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.
Michael N. Flanigan, a director of Avidia Bancorp (AVBC), reported multiple purchases of common stock on 08/08/2025 executed at prices between $14.38 and $14.49. The Form 4 shows purchases totaling 22,536 shares carried in an IRA, bringing those IRA holdings to 24,500 shares. He also reports indirect holdings of 13,334 shares via an LLC and 5,000 shares via an LLP, for a combined beneficial ownership of 42,834 shares. All listed transactions are coded "P" and no derivative securities are reported.
Jensen Barry H, an EVP and Chief Administrative Officer and director of Avidia Bancorp (AVBC), reported the purchase of 2,000 common shares on 08/08/2025 at $14.49 per share. After the transaction he beneficially owned 10,000 shares directly and held an additional 100 shares indirectly through an LLC.