Nelson Jonathan Michael 4
4 · Avidia Bancorp, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Avidia Bancorp (AVBC) CFO Nelson Jonathan Michael Buys 2,579 Shares
What Happened
Nelson Jonathan Michael, CFO and Treasurer of Avidia Bancorp (AVBC), purchased 2,579 shares on 2026-03-09 at $19.39 per share, for a total of $50,004. This was a purchase (transaction code P), which is a direct acquisition of company stock rather than a sale.
Key Details
- Transaction date and price: 2026-03-09 — 2,579 shares at $19.39 each.
- Total value: $50,004 (round figure reported).
- Transaction type: Open-market/private purchase (SEC code P) — reported on Form 4 filed 2026-03-10.
- Shares owned after the transaction: Not specified in the provided filing.
- Footnotes / plans: The filing does not indicate a 10b5-1 trading plan or other special footnotes.
- Timeliness: Filing appears timely (trade on 2026-03-09, Form 4 filed 2026-03-10).
Context
Insider purchases are often watched by investors as a potential positive signal because executives are buying company stock with personal capital; however, filings do not state motives. This report documents a modest-sized open-market buy by Avidia’s CFO/Treasurer and should be considered alongside other insider activity and company fundamentals.
Insider Transaction Report
Form 4
Nelson Jonathan Michael
CFO and Treasurer
Transactions
- Purchase
Common Stock
2026-03-09$19.39/sh+2,579$50,004→ 22,378 total(indirect: By 401(k))
Holdings
- 13,480
Common Stock
Signature
/s/ Victor L. Cangelosi, pursuant to power of attorney|2026-03-10