Murphy Bartholomew H JR 4

What Happened Murphy Bartholomew H Jr., Chief Operating Officer of Avidia Bancorp, purchased 440 shares of AVBC in an open-market transaction on March 12, 2026. The shares were acquired at $18.62 per share for a total cash outlay of approximately $8,193. This was a direct purchase (transaction code P), which retail investors often view as a modestly positive signal compared with routine insider sales.

Key Details

• Transaction date and price: 2026-03-12, 440 shares at $18.62 each.
• Total value: ≈ $8,193.
• Transaction type: Open-market purchase (P).
• Shares owned after transaction: Not specified in the information provided; see the SEC filing for full holdings.
• Footnotes/plan: No 10b5‑1 plan, tax withholding, or other footnotes were indicated in the provided summary.
• Filing timeliness: Report filed on 2026-03-13 (one day after the transaction), which is timely.

Context

• The purchase is small in dollar terms (~$8.2k), so its signal should be weighed accordingly by retail investors.
• Purchases by executives can be informative because they increase insider exposure to the company, but they don't by themselves prove future performance. For full details, consult the filed Form 4 (Accession 0001437749-26-008260).