4/A: Avidia Bancorp Insider Trades: EVP & CRO Buys Shares
Statement of Changes in Beneficial Ownership
Avidia Bancorp, Inc. reports a Form 4 filing detailing beneficial ownership changes by EVP and Chief Risk Officer, Nicolas Karmelek.
Summary
- Nicolas Karmelek, EVP and CRO of Avidia Bancorp, Inc., acquired 1,209 shares of common stock on April 28, 2026, at a price of $20.76 per share.
- Following this transaction, Karmelek beneficially owns 7,694 shares directly.
- Additionally, Karmelek has indirect beneficial ownership of 21,871 shares through a 401(k) plan and 1,096 shares through an ESOP.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive filing due to an insider purchase, indicating some level of confidence from a key executive, but lacking broader financial performance data.
Positives
- Insider purchase of company stock by a key executive (EVP & CRO).
- Acquisition of 1,209 shares at a stated price, indicating confidence in the company's valuation.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that insider purchases, as reported in Form 4 filings, can signal management's confidence in the company's future prospects. This transaction by Avidia Bancorp's EVP and CRO may be interpreted by the market as a positive indicator.
Stakeholder Impact
- Shareholders may view the insider purchase positively, potentially signaling confidence in the company's value.
- Employees with access to 401(k) and ESOP plans may see their indirect holdings reflected in the filing.
Key Dates
| Date | Description |
|---|---|
| 04/28/2026 | Transaction Date for acquisition of common stock by Nicolas Karmelek. |
| 04/30/2026 | Date of Original Filed Amendment (if applicable). |
| 05/05/2026 | Date of Signature by Reporting Person. |
Keywords
Form 4, Insider Trading, Beneficial Ownership, Avidia Bancorp, AVBC, Nicolas Karmelek, EVP, CRO, Common Stock, Stock Purchase
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