BlackRock (AVBC) discloses 5.7% beneficial ownership in Avidia Bancorp common stock
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of common stock of AVIDIA BANCORP INC. As of June 30, 2026, BlackRock and certain reporting business units beneficially owned 1,151,670 shares of Avidia Bancorp common stock, representing 5.7% of the outstanding class.
BlackRock has sole voting power over 1,139,174 shares and sole dispositive power over all 1,151,670 shares, with no shared voting or dispositive power. Various underlying clients may receive dividends or sale proceeds, but no individual client holds more than five percent of Avidia’s total outstanding common shares.
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Key Figures
Beneficial ownership: 1,151,670 shares
Ownership percentage: 5.7%
Sole voting power: 1,139,174 shares
+5 more
8 metrics
Beneficial ownership
1,151,670 shares
Common stock of Avidia Bancorp Inc beneficially owned by BlackRock
Ownership percentage
5.7%
Percent of Avidia Bancorp common stock class held by BlackRock
Sole voting power
1,139,174 shares
Shares of Avidia Bancorp over which BlackRock has sole voting power
Shared voting power
0 shares
Shares of Avidia Bancorp over which BlackRock has shared voting power
Sole dispositive power
1,151,670 shares
Shares of Avidia Bancorp over which BlackRock has sole dispositive power
Shared dispositive power
0 shares
Shares of Avidia Bancorp over which BlackRock has shared dispositive power
CUSIP
05369T100
CUSIP number for Avidia Bancorp Inc common stock
Report date
06/30/2026
Date as of which ownership information is reported
Key Terms
beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"reflects the securities beneficially owned, or deemed to be beneficially owned"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
sole voting power financial
"Sole Voting Power 1,139,174.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
sole dispositive power financial
"Sole Dispositive Power 1,151,670.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"AVIDIA BANCORP INC common stock reported on this Schedule 13G"
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
Power of Attorney regulatory
"Exhibit 24: Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What stake in AVIDIA BANCORP INC (AVBC) does BlackRock report on this Schedule 13G?
BlackRock reports beneficial ownership of 1,151,670 AVIDIA BANCORP INC common shares, representing 5.7% of the outstanding class. These shares are held by certain BlackRock business units and related entities identified in the filing.
What dispositive power over AVIDIA BANCORP INC (AVBC) stock does BlackRock hold?
BlackRock has sole dispositive power over 1,151,670 AVIDIA BANCORP INC shares and no shared dispositive power. Sole dispositive power covers authority to sell or otherwise dispose of these shares.
Who ultimately benefits from BlackRock’s AVIDIA BANCORP INC (AVBC) holdings?
Various underlying persons and clients have rights to dividends or sale proceeds from AVIDIA BANCORP INC shares held by BlackRock. No single person’s interest exceeds 5% of Avidia’s total outstanding common stock.
Which BlackRock entities are associated with the AVIDIA BANCORP INC (AVBC) position?
The position reflects securities beneficially owned, or deemed owned, by certain Reporting Business Units of BlackRock, Inc. and its subsidiaries and affiliates, as described in accordance with SEC Release No. 34-39538.
Who signed the BlackRock Schedule 13G filing for AVIDIA BANCORP INC (AVBC)?
The Schedule 13G is signed by Spencer Fleming, a Managing Director at BlackRock, Inc. A Power of Attorney is included as Exhibit 24 authorizing execution of the report.