Cozzone Robert D 4

What Happened Robert D. Cozzone, President & CEO and a director of Avidia Bancorp (AVBC), purchased 2,023 shares on May 13, 2026 at $19.77 per share, a total cost of approximately $39,990. This transaction is a straight purchase (code P) reported on a Form 4.

Key Details

• Transaction date: 2026-05-13; Price: $19.77 per share; Shares acquired: 2,023; Total value: ~$39,990.
• Transaction type: Open market or private purchase (reported as P).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: F1 — "Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended." (Included in the filing.)
• Filing date: 2026-05-15 — filed within the typical 2-business-day Section 16 reporting window (timely).

Context This was a straightforward share purchase (not an option exercise, award, or gift). Purchases by executives are often watched by investors as one data point of insider confidence, but the filing does not state motivation. The F1 footnote indicates the filing notes certain transactions were not required to be reported under Section 16, as stated in the Form 4.