Jensen Barry H 4
Research Summary
AI-generated summary
Avidia Bancorp (AVBC) EVP Barry H. Jensen Buys 1,000 Shares
What Happened
- Barry H. Jensen, EVP and Chief Administrative Officer of Avidia Bancorp (AVBC), reported a purchase of 1,000 shares on May 8, 2026. The filing shows a purchase price of $20.19 per share for a total transaction value of $20,190. The reported transaction code was "P" (purchase), listed as an open-market or private purchase.
Key Details
- Transaction date: May 8, 2026; Report filed: May 11, 2026 (appears timely under the SEC's two-business-day Form 4 deadline).
- Price per share: $20.19; Shares purchased: 1,000; Total value: $20,190.
- Transaction code: P (purchase — open market or private purchase as reported).
- Shares owned after transaction: not specified in the provided filing excerpt.
- No footnotes (e.g., 10b5-1 plan, tax withholding) were disclosed in the excerpt provided.
Context
- A purchase by an executive is a direct buy of company stock and can be more informative than a sale, but filings don’t state motivations. This transaction is relatively small ($20.2k) and was reported promptly; retail investors should consider it alongside other insider activity and company fundamentals.