Avidia Bancorp Reports Annual Meeting Results; Directors Re-elected

What Happened
Avidia Bancorp, Inc. (AVBC) filed an 8-K reporting the results of its Annual Meeting of Stockholders held on September 15, 2026. Four director nominees were elected to three-year terms: Vanessa E. Candela; Michael R. Girard; Mark R. O’Connell; and Kennedy O. Saul. The company’s 2026 Equity Incentive Plan was approved, and BDMP Assurance, LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The report is signed by Robert D. Cozzone, President and CEO, dated September 15, 2026.

Key Details

• Director election votes (For / Withhold / Broker Non-Votes):
  • Vanessa E. Candela: 12,599,353 For; 384,485 Withhold; 4,302,721 Broker Non-Votes.
  • Michael R. Girard: 11,483,006 For; 1,500,832 Withhold; 4,302,721 Broker Non-Votes.
  • Mark R. O’Connell: 12,612,970 For; 370,868 Withhold; 4,302,721 Broker Non-Votes.
  • Kennedy O. Saul: 12,552,142 For; 431,696 Withhold; 4,302,721 Broker Non-Votes.
• 2026 Equity Incentive Plan approved: 12,330,038 For; 404,989 Against; 248,811 Abstain; 4,302,721 Broker Non-Votes.
• Auditor ratification: BDMP Assurance, LLP approved as independent registered public accounting firm for FY2026 with 17,137,255 For; 97,574 Against; 51,730 Abstain; 0 Broker Non-Votes.

Why It Matters
These outcomes confirm the board composition for the next three years and authorize a new equity incentive plan that may enable future stock-based awards (which can affect share count/dilution over time). Ratifying BDMP Assurance, LLP establishes the auditor for FY2026 financial reporting. Vote totals and the presence of substantial broker non-votes on some items (4,302,721) indicate there were significant shares not voted on certain proposals, which can be relevant when judging shareholder engagement and vote margins.