Avidia Bancorp (AVBC) EVP Doane Buys 1,726 Shares

What Happened

• Thomas Doane, Executive Vice President — Human Resources at Avidia Bancorp (AVBC), made an open-market purchase of 1,726 shares on August 17, 2026, at $22.31 per share, for a total value of about $38,507. This was a purchase (transaction code P), which investors often view as more informative than routine sales.

Key Details

• Transaction date and price: 2026-08-17 — 1,726 shares at $22.31 each.
• Total value: approximately $38,507.
• Shares owned after transaction: not specified in the filing.
• Filing date: Form 4 was filed on 2026-08-19 (two days after the trade); the filing does not indicate lateness.
• Footnote F1: states the transaction "reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended." (Filing text only; no additional explanation provided in the Form 4.)

Context

• This was a straightforward open-market purchase (code P). Purchases by company insiders can signal confidence but do not guarantee future performance. The footnote notes certain reporting exemptions; the filing provides no further detail on ownership after the trade or any trading plan (e.g., 10b5-1).