Avidia Bancorp CEO Cozzone buys $49,986 in shares

Published 31/10/2025, 19:10
Avidia Bancorp CEO Cozzone buys $49,986 in shares

Avidia Bancorp, Inc. (OTC:AVBC) President and CEO Robert D. Cozzone reported purchasing 3,325 shares of common stock on October 30, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were bought at a price of $15.0336, totaling $49,986.

Following the transaction, Cozzone directly owns 1,000 shares and indirectly owns 46,472 shares through a 401(k).

In other recent news, Avidia Bancorp announced the appointment of Michael Gilles to its Board of Directors and to the Board of Directors of Avidia Bank. This appointment is effective immediately and brings significant experience to the company. Gilles has over 45 years of experience in community banking, which he gained before starting his bank consultancy practice in 2024. He previously served as Executive Vice President, Chief Operating and Financial Officer of Cambridge Financial Group, Inc., the parent company of Cambridge Savings Bank. This development comes as Avidia Bancorp continues to strengthen its leadership team.

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