AVBC - Avidia Bancorp, Inc.

Insider Purchase by Nelson Jonathan Michael (CFO, Treasurer)

6 Months
After Trade
Before Trade

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Trade Summary

5 months ago, Nelson Jonathan Michael, serving as CFO, Treasurer at Avidia Bancorp, Inc. (AVBC), purchased 3,240 shares at $15.45 per share, for a total transaction value of $50,058.00. Following this transaction, Nelson Jonathan Michael now holds 30,034 shares of AVBC.

This purchase represents a 12.00% increase in Nelson Jonathan Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Wednesday, September 3, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, September 3, 2025, meaning the disclosure happened on the same day as the trade.

Avidia Bancorp, Inc. operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Nelson Jonathan Michael

CFO, Treasurer

Jonathan Michael Nelson (also referred to as Nelson Jonathan Michael) is the Chief Financial Officer (CFO) and Treasurer of Avidia Bancorp, Inc. (AVBC) and Avidia Bank, positions he assumed on November 6, 2024.[[3]](https://www.avidiabank.com/newsroom/avidia-bank-welcomes-jonathan-nelson-as-chief-financial-officer-treasurer/) With over two decades of experience in finance and treasury for financial institutions, Nelson previously served as Senior Vice President and Treasurer at Independent Bank Corp. (parent of Rockland Trust), where he managed mergers and acquisitions, capital planning, derivatives, fixed-income securities, interest-rate risk, liquidity risk, and strategic planning.[[3]](https://www.avidiabank.com/newsroom/avidia-bank-welcomes-jonathan-nelson-as-chief-financial-officer-treasurer/) Earlier roles include Asset/Liability Manager at Independent Bank Corp., where he built the financial derivatives desk and oversaw the fixed-income portfolio, as well as positions at Skowhegan Savings Bank of Maine and Cape Cod Bank and Trust, where he began his career.[[3]](https://www.avidiabank.com/newsroom/avidia-bank-welcomes-jonathan-nelson-as-chief-financial-officer-treasurer/) Nelson holds an MBA in Finance from Hawaii Pacific University and a BS in Accounting/Finance from Bridgewater State University.[[3]](https://www.avidiabank.com/newsroom/avidia-bank-welcomes-jonathan-nelson-as-chief-financial-officer-treasurer/) He has demonstrated confidence in Avidia Bancorp through multiple share purchases, including 500 shares and 2,740 shares at $15.47 on August 28, 2025,[[1]](https://www.ainvest.com/news/avidia-bancorp-cfo-nelson-jonathan-michael-buys-500-shares-15-47-2508/) and 3,245 shares at $15.41 (totaling ~$50,000) on November 24, 2025, bringing his direct ownership to 13,480 shares and indirect ownership (via 401(k)) to 19,799 shares.[[2]](https://www.investing.com/news/insider-trading-news/avidia-bancorp-cfo-nelson-buys-50k-in-shares-93CH-4377787) Nelson also serves on the Board of Directors of Scouts of America and was previously a director for South Shore Habitat for Humanity.[[3]](https://www.avidiabank.com/newsroom/avidia-bank-welcomes-jonathan-nelson-as-chief-financial-officer-treasurer/)

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Trade Price

$15.45

Quantity

3,240

Total Value

$50,058.00

Shares Owned

30,034

Trade Date

Wednesday, September 3, 2025

172 days ago

SEC Filing Date

Wednesday, September 3, 2025

FINANCIAL SERVICESBANKS - REGIONAL

About Avidia Bancorp, Inc.

Company Overview

No company information available
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