Nelson Jonathan Michael 4

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.