Avidia Bancorp: evp- consumer banking Frost Donald J III received 126,000 shares

What happened

• The filing reports Frost Donald J III, evp- consumer banking, received grants on Oct 13, 2026: 36,000 shares of restricted stock and 90,000 derivative shares (stock options). Each grant shows an acquisition price of $0 and a total reported value of $0.

Key details

• Transaction date and price: Oct 13, 2026 — A (award/grant) — 36,000 restricted shares @ $0.00; Oct 13, 2026 — A (award/grant, derivative) — 90,000 option shares @ $0.00.
• Shares owned after the transactions: the filing does not state the amount of securities beneficially owned following the transactions.
• Relevant footnotes from the filing:
  • F1: restricted stock vests at a rate of 20% per year commencing on Oct 13, 2027.
  • F3: stock options vest at a rate of 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: filed Oct 15, 2026 (accession 0001437749-26-032679).

Why it may matter

• The filing shows grants (restricted stock and stock options), not open-market purchases or sales; the option grant is a derivative award subject to vesting.
• A filing does not show why the insider traded or why the company acted.