Karmelek Nicolas 4

What Happened

• Nicolas Karmelek, EVP and Chief Risk Officer of Avidia Bancorp (AVBC), reported a purchase of 1,090 shares on 2026-03-02. The shares were acquired at $18.59 per share for a total of approximately $20,263. This was a buy (code P), which is a direct insider purchase rather than a sale.

Key Details

• Transaction date and price: 2026-03-02 — 1,090 shares at $18.59 each.
• Total value: ~ $20,263.
• Filing date: Form 4 filed on 2026-03-03 (filed within the SEC’s typical 2-business-day window, so not late).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes/plan info: The provided filing did not indicate a 10b5-1 plan, tax withholding, or other special footnotes.

Context

• Purchases by company officers are often watched by investors as a potential signal of confidence, though this single purchase is modest in size. No additional context (e.g., option exercise, gift, or plan trading) was reported in the filing.