Cozzone Robert D 4

What Happened

• Robert D. Cozzone, President & CEO and a director of Avidia Bancorp (AVBC), reported an open-market purchase of 1,064 shares at $18.79 per share on March 2, 2026, for a total of $19,993. This was a purchase (transaction code P), which is a cash acquisition of shares rather than a sale or option exercise.

Key Details

• Transaction date: 2026-03-02; Filing date: 2026-03-03 (Form 4, accession 0001437749-26-006533).
• Price: $18.79 per share; Shares acquired: 1,064; Total value: $19,993.
• Shares owned following the transaction: Not specified in the provided filing excerpt.
• Transaction type: Open-market/private purchase (code P). No footnotes, 10b5-1 plan, tax withholding, or option exercise were indicated in the provided data.
• Timeliness: Filed one day after the transaction; appears to meet standard SEC reporting timing.

Context

• Purchases by executives can be viewed as a signal of confidence, though this purchase is modest in dollar terms (~$20k) for an executive. No options were exercised and no shares were immediately sold; this was a straightforward buy reported on Form 4.