Avidia Bancorp (AVBC) CFO Jonathan Nelson Buys 4,500 Shares

What Happened
Nelson Jonathan Michael (CFO and Treasurer of Avidia Bancorp, ticker AVBC) reported an open-market purchase of 4,500 common shares on 2026-09-03 at $22.19 per share, for a total transaction value of $99,855. This was a purchase (insider acquisition), which many investors view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-09-03
• Transaction type: Purchase (code P) — open-market/private purchase reported
• Price per share: $22.19
• Shares acquired: 4,500
• Total value: $99,855
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Reported on 2026-09-03 (same-day Period of Report); no late filing indicated
• No footnotes, 10b5-1 plan, or tax-withholding noted in the supplied transaction record

Context
Insider purchases show that executives are spending their own money to buy company stock; while not proof of future performance, purchases can be seen by retail investors as a sign of confidence. This filing reports a straightforward open-market buy rather than an option exercise, gift, or tax-related transaction.