Avidia Bancorp Director James Ball Receives Stock Award and Options

What Happened
James N. Ball, a director of Avidia Bancorp (AVBC), received non‑cash equity awards on 2026-09-16: 20,076 restricted shares (granted at $0.00) and a derivative award of 50,190 shares (stock option units) also reported at $0.00. These were reported on a Form 4 filed 2026-09-17. Because these are grants (not purchases or sales), no cash changed hands.

Key Details

• Transaction date(s): 2026-09-16; Form 4 filed 2026-09-17 (timely).
• Reported price/value: $0.00 for both the restricted shares and the derivative award (typical for compensation grants).
• Share counts: 20,076 restricted stock shares; 50,190 derivative shares (stock options/units).
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnotes:
  • F1 — Restricted shares vest 20% per year beginning September 16, 2027.
  • F2 — Stock options vest 20% per year beginning September 16, 2027.
• Transaction code: A = Award/Grant (derivative component reported as an A-type derivative grant).

Context
These are standard director compensation grants (restricted stock and options) rather than open‑market purchases or sales. Vesting schedules (20% per year starting 9/16/2027) mean the economic benefit vests over multiple years. Grants like this are routine for board members and do not, by themselves, indicate buying or selling sentiment.