Avidia Bancorp: cfo and treasurer Nelson Jonathan Michael received 266,000 shares

What happened Nelson Jonathan Michael, cfo and treasurer of Avidia Bancorp, received two awards on Oct 13, 2026: 76,000 restricted shares and 190,000 derivative securities, each reported at $0.

The filing records the restricted stock award and a separate grant of derivative securities (stock options), both acquired on Oct 13, 2026.

Key details

• Transaction date(s) and price(s): Oct 13, 2026 — 76,000 restricted shares at $0; Oct 13, 2026 — 190,000 derivative securities at $0.
• Shares owned after the transaction: not reported in the filing.
• Relevant footnotes: F1 — restricted stock vests at 20% per year commencing on Oct 13, 2027; F3 — stock options vest at 20% per year commencing on Oct 13, 2027; F2 — reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
• Filing date and timeliness: filed Oct 15, 2026; the filing does not indicate it was late.

Why it may matter

• The entries are awards/grants, not market purchases or sales.
• The 190,000 derivative securities are stock options subject to a vesting schedule per the filing; they were granted, not exercised or sold.
• The 76,000 restricted shares are subject to a 20% per year vesting schedule beginning Oct 13, 2027.

A filing does not show why the insider traded or why the company acted.