Avidia Bancorp, Inc. (AVBC)

Insider Trading Filed: 2026-05-15

Key Insights

Director Michael O. Gilles made multiple open market purchases totaling 5,000 shares of AVBC between May 13-14, 2026, at prices ranging from $19.49 to $19.50, indicating confidence in the company's near-term prospects.
Purchases were made across multiple beneficial ownership structures (personal IRA, spouse account, and direct ownership), suggesting a deliberate diversification strategy while accumulating shares.
The director currently holds 49,396 total shares beneficially owned across various structures, including 1,300 shares held as custodian for a grandchild, demonstrating significant long-term commitment to the company.
No derivative securities (options/warrants) were involved in this transaction, indicating these were straightforward equity acquisitions rather than leveraged positions.

Insider Trading Filed: 2026-05-15

Key Insights

EVP and Chief Admin Officer Jensen Barry H purchased 500 shares of AVBC common stock on 05/14/2026 at $19.26 per share, representing a direct open-market acquisition totaling approximately $9,630.
The reporting person maintains substantial beneficial ownership of 41,500 shares directly, plus 100 shares held indirectly through an LLC and 1,096 shares through an ESOP, indicating significant personal investment alignment with shareholder interests.
The purchase was executed through what appears to be a standard open-market transaction without Rule 10b5-1 plan designation, suggesting discretionary buying rather than pre-planned trading under an insider trading arrangement.

Insider Trading Filed: 2026-05-15

Key Insights

CEO Robert Cozzone purchased 2,023 shares at $19.77 on 05/13/2026, demonstrating insider confidence in the company's valuation at current market prices.
The transaction was executed through a 401(k) plan (indirect ownership), which is a routine wealth-building activity rather than a concentrated personal investment bet.
Concurrent with the purchase, 1,000 shares were disposed of and 1,096 shares in an ESOP were reduced, suggesting portfolio rebalancing or liquidity needs rather than conviction-driven accumulation.
The filing shows modest net insider activity with mixed signals—purchase balanced by concurrent dispositions—indicating no strong directional conviction from management about near-term stock performance.

Quarterly Report Filed: 2026-05-14

Key Insights

The filing contains extensive XBRL tags indicating detailed loan portfolio segmentation across commercial real estate, commercial and industrial, and consumer segments, suggesting the bank maintains a diversified lending portfolio with granular risk management tracking.
Multiple references to collateral-dependent loans, past-due financing receivables, and credit quality classifications (Pass, Substandard, Doubtful) indicate active monitoring of credit risk, though the absence of actual financial figures in the truncated content prevents assessment of loan quality trends.
The presence of interest rate swap derivatives and fair value measurement data suggests the bank actively manages interest rate risk exposure, which is material for a community bank in a volatile rate environment.
Evidence of fair value measurements for both recurring and non-recurring items, including loans held for sale, indicates potential mortgage banking or loan sale activities that could represent supplementary revenue streams.

Insider Trading Filed: 2026-05-11

Key Insights

EVP and Chief Administrative Officer Jensen Barry H purchased 1,000 shares of AVBC common stock on 05/08/2026 at $20.19 per share, representing an open market purchase that demonstrates insider confidence in the company's valuation.
The executive now beneficially owns 41,000 shares directly plus additional holdings through an LLC (100 shares) and ESOP (1,096 shares), indicating substantial personal investment alignment with shareholder interests.
This insider purchase by a senior officer occurs during a period when insiders are more likely to have access to material information, potentially signaling management's positive outlook on the company's near-term prospects.
The purchase price of $20.19 provides a reference point for current valuation; investors should monitor whether this transaction is part of a broader insider buying pattern or an isolated event.

Insider Trading Filed: 2026-04-30

Key Insights

Executive Officer Karmelek Nicolas (EVP and CRO) purchased 1,220 shares of AVBC common stock on 04/28/2026 at $20.76 per share, representing a direct insider buy of approximately $25,327 in company stock.
Following the transaction, the reporting person holds 7,705 shares directly plus 21,871 shares indirectly through a 401(k) plan and 1,096 shares through an ESOP, demonstrating substantial beneficial ownership concentration in the company.
The purchase was executed at a specific price point ($20.76) without indication of a Rule 10b5-1 trading plan, suggesting this may be a discretionary buy decision by a senior executive with significant risk management responsibilities.

Insider Trading Filed: 2026-04-30

Key Insights

EVP and Chief Administrative Officer Barry H. Jensen purchased 1,000 shares of AVBC common stock on 04/29/2026 at $20.30 per share, representing a direct insider buy that signals confidence in the company's valuation.
Jensen's total beneficial ownership increased to 40,000 shares held directly, plus 100 shares indirectly through an LLC and 1,096 shares through an ESOP, demonstrating substantial personal investment alignment with shareholders.
The insider purchase occurred near the filing date (04/30/2026), suggesting a deliberate and recent investment decision by a senior executive with material knowledge of the company's operational performance and prospects.

Insider Trading Filed: 2026-04-29

Key Insights

EVP of Human Resources Doane Thomas purchased 2,040 shares at $21.16 on 04/28/2026, demonstrating insider confidence in the company's valuation at that price point.
Thomas holds 17,495 shares beneficially through his 401(k) and 1,096 shares through the company ESOP, indicating long-term alignment with shareholder interests through retirement vehicles.
The transaction was executed via a discretionary purchase plan (Code P) rather than option exercise, suggesting organic capital commitment rather than pre-granted equity compensation vesting.
No derivative securities (options, warrants) were exercised or acquired in this transaction, indicating the insider's preference for direct common stock ownership.

Insider Trading Filed: 2026-04-29

Key Insights

Chairman Michael Dennis Murphy executed a net sell transaction, disposing of 49,000 shares while acquiring only 1,850 shares, suggesting a significant reduction in his direct holdings despite his senior leadership position.
The sale represents a substantial divestment relative to the acquisition, with shares sold at implied market value around $20.94, which may signal reduced confidence or portfolio rebalancing by top management.
Murphy maintains indirect beneficial ownership through multiple vehicles (spouse holdings of 7,230 shares via IRA, 20,000 shares via LLC), indicating he retains material indirect stakes despite the direct share reduction.
The transaction was executed on 04/28/2026 with filing on 04/29/2026, meeting timely disclosure requirements, though the timing and magnitude of the sale warrant investor attention given his Chairman role.

Insider Trading Filed: 2026-04-29

Key Insights

Director James N. Ball purchased 5,000 shares of AVBC at $20.60 per share on 04/27/2026, demonstrating insider confidence in the company's valuation and prospects.
The purchase was made through an IRA account, indicating a long-term investment approach rather than speculative trading, which is a positive signal of insider conviction.
Ball's total beneficial ownership reached 50,000 shares following this transaction, showing meaningful personal investment in the company he directs.

Current Report Filed: 2026-04-27

Key Insights

Avidia Bancorp announced Q1 2026 financial results on April 23, 2026, with results filed via 8-K indicating the company is actively reporting earnings to the market.
The company declared a quarterly dividend of $0.05 per share payable May 28, 2026, suggesting management confidence in cash generation and capital position to return value to shareholders.
As an emerging growth company, Avidia Bancorp has elected to use extended transition periods for new accounting standards, which may provide temporary compliance flexibility but could indicate smaller scale relative to larger peers.
The 4-day lag between the April 23 press release announcement and the April 27 8-K filing is standard procedure for current report disclosure requirements under SEC regulations.

Annual Report Filed: 2026-03-27

Key Insights

Avidia Bancorp reported a significant increase in its allowance for credit losses, particularly in the commercial real estate and construction and land loan portfolios, suggesting increased risk and potential future impairments.
The company disclosed substantial related party transactions with condominium associations and other commercial and industrial borrowers, which could raise concerns about potential conflicts of interest or undue risk concentrations.
The company's reported use of the discounted cash flow valuation technique for certain loan portfolios and its transition to the Current Expected Credit Losses (CECL) methodology may have material impacts on its financial statements that require close monitoring.

Insider Trading Filed: 2026-03-19

Key Insights

Insider Bartholomew H. Murphy Jr., EVP and Chief Operating Officer, acquired 1,500 shares of Avidia Bancorp, Inc. at $19.15 per share, increasing his direct ownership to 23,000 shares.
Murphy also has indirect beneficial ownership of an additional 20,000 shares through an IRA, 6,000 shares through his spouse, and 10,440 shares through his spouse's IRA, totaling 59,440 shares beneficially owned.
The insider purchase suggests Murphy's confidence in Avidia Bancorp's prospects and aligns his interests with those of other shareholders.

Insider Trading Filed: 2026-03-11

Key Insights

Bartholomew H. Murphy Jr., EVP and Chief Operating Officer of Avidia Bancorp, Inc., has acquired 1,500 shares of the company's common stock at $19.0899 per share, increasing his direct ownership to 21,500 shares.
Murphy also holds indirect ownership of 20,000 shares through an IRA, 6,000 shares through his spouse, and 10,000 shares through his spouse's IRA, indicating a significant personal investment in the company.
The insider buying activity suggests Murphy's confidence in the company's prospects and aligns his interests with those of shareholders.

Insider Trading Filed: 2026-03-10

Key Insights

Insider Jonathan Michael Nelson, the CFO and Treasurer of Avidia Bancorp, Inc., acquired 2,579 shares of the company's common stock on March 9, 2026 at $19.3891 per share, increasing his beneficial ownership to 22,378 shares.
Nelson's purchase of Avidia Bancorp stock suggests he has a positive outlook on the company's performance and future prospects.
Insider buying can be a signal of management's confidence in the company's growth potential, which may be of interest to investors.

Insider Trading Filed: 2026-02-24

Key Insights

Insider Barry H. Jensen, an EVP and Chief Admin Officer, acquired 2,000 shares of Avidia Bancorp, Inc. (AVBC) on February 23, 2026 at an average price of $18.71 per share, increasing his direct beneficial ownership to 38,000 shares.
The insider transaction shows confidence in the company's prospects, as Jensen is increasing his personal stake in the business.
Investors should monitor whether this insider buying activity continues, as it may signal positive sentiment about the company's future performance.

Insider Trading Filed: 2026-02-13

Key Insights

Robert D. Cozzone, the President and CEO of Avidia Bancorp, Inc., has acquired an additional 2,582 shares of the company's common stock, increasing his indirect beneficial ownership to 62,142 shares.
The acquisition was made through Cozzone's 401(k) account, indicating a continued investment in the company by a key insider.
Insider buying can be a positive signal to investors, as it suggests the CEO has confidence in the company's future performance.

Insider Trading Filed: 2026-02-12

Key Insights

Insider Barry H. Jensen, EVP and Chief Admin Officer, acquired 1,000 shares of Avidia Bancorp, Inc. (AVBC) at $18.95 per share, increasing his direct ownership to 36,000 shares.
Jensen also owns an additional 100 shares indirectly through an LLC, indicating his confidence in the company's prospects.
Insider buying, particularly by a key executive, can signal management's positive outlook on the company's future performance.

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