Form 4: Avidia Bancorp Insider Trades Common Stock

Nicolas Karmelek, EVP and CRO of Avidia Bancorp, Inc., reported transactions involving the acquisition of 1,220 shares of common stock.

Summary

• Nicolas Karmelek, Executive Vice President and Chief Risk Officer (CRO) of Avidia Bancorp, Inc., engaged in a transaction on April 28, 2026.
• Karmelek acquired 1,220 shares of common stock at a price of $20.76 per share.
• Following this transaction, Karmelek beneficially owns 7,705 shares of common stock directly.
• Additionally, Karmelek has indirect beneficial ownership of 21,871 shares through a 401(k) plan and 1,096 shares through an Employee Stock Ownership Plan (ESOP).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine insider stock acquisition without additional context on the company's performance or strategic direction.

Positives

• Insider acquisition of company stock can signal confidence in the company's future prospects.
• The acquisition of 1,220 shares by a key executive demonstrates personal investment in the company's success.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that Form 4 filings, which report changes in beneficial ownership by insiders, are standard disclosures for publicly traded companies. Such filings are closely watched by investors for insights into management's perception of the company's value.

Stakeholder Impact

• Shareholders may view the insider purchase positively, interpreting it as a sign of confidence from a key executive.
• Employees may be encouraged by the continued investment of management in the company, particularly through the ESOP and 401(k) plans.

Key Dates

Keywords

Avidia Bancorp, AVBC, Form 4, Insider Trading, Common Stock, Beneficial Ownership, Nicolas Karmelek, EVP, CRO