Cozzone Robert D 4

What Happened

Robert D. Cozzone, President & CEO and a director of Avidia Bancorp (AVBC), made an open-market purchase of 2,128 common shares on 2026-05-29 at $18.80 per share, for a total cash outlay of $40,006. This was a straight purchase (transaction code P), meaning shares were acquired rather than issued via an award or option exercise.

Key Details

• Transaction date: 2026-05-29
• Price per share: $18.80
• Shares acquired: 2,128
• Total value: $40,006
• Transaction type: Open-market purchase (Form 4 code P)
• Shares owned after transaction: Not specified in the provided filing excerpt
• Footnotes / special instructions: None reported in the provided data (no 10b5-1 plan, no tax withholding or gift noted)
• Filing date (accession): Form filed 2026-06-01; no late-filing indication was included in the provided extract

Context

Insider purchases are monitored by investors as one of several signals about executive confidence, but they do not prove future company performance. This transaction was a straightforward cash purchase on the open market by the company's CEO and does not involve option exercises, awards, or gifts.