Avidia Bancorp (AVBC) Director Vanessa Candela Receives Award

What Happened Vanessa Candela, a director of Avidia Bancorp (AVBC), was granted two awards on 2026-09-16: 20,076 restricted shares and 50,190 derivative awards (stock-option type), each reported at $0.00 (no cash exchanged). These are compensatory grants (awards), not open-market purchases or sales.

Key Details

• Transaction date: 2026-09-16; Form 4 filed 2026-09-17 (timely).
• Grants: 20,076 restricted shares @ $0.00; 50,190 derivative securities @ $0.00 (reported as a derivative grant).
• Vesting: Restricted shares vest 20% per year beginning September 16, 2027 (F1). Stock options vest 20% per year beginning September 16, 2027 (F2).
• Shares owned after transaction: Not disclosed in this filing.
• Filing timeliness: Report appears timely (filed the next day); no late-filing flag in this report.

Context These awards are grants subject to multi-year vesting and are not exercises or sales — the derivative grant represents future option-style rights rather than immediately liquid shares. Such compensation awards are common for directors and do not by themselves indicate immediate buying or selling activity.