Recent Insider Transactions • May 17
Insider recently bought US$97k worth of stock On the 14th of May, Michael Gilles bought around 5k shares on-market at roughly US$19.50 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$103k. Insiders have collectively bought US$3.8m more in shares than they have sold in the last 12 months. Upcoming Dividend • May 12
Upcoming dividend of US$0.05 per share Eligible shareholders must have bought the stock before 19 May 2026. Payment date: 28 May 2026. Payout ratio is a comfortable 6.5% and this is well supported by cash flows. Trailing yield: 1.0%. Lower than top quartile of American dividend payers (4.2%). Lower than average of industry peers (2.5%). Recent Insider Transactions • Apr 30
Independent Director recently bought US$103k worth of stock On the 27th of April, James Ball bought around 5k shares on-market at roughly US$20.60 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$3.7m more in shares than they have sold in the last 12 months. Reported Earnings • Apr 26
First quarter 2026 earnings released First quarter 2026 results: EPS: US$0.32. Revenue: US$27.2m (up 411% from 1Q 2025). Net income: US$6.00m (up US$17.6m from 1Q 2025). Profit margin: 22% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. 공시 • Apr 25
Avidia Bancorp, Inc. announces Quarterly dividend, payable on May 28, 2026 Avidia Bancorp, Inc. announced Quarterly dividend of USD 0.0500 per share payable on May 28, 2026, ex-date on May 19, 2026 and record date on May 19, 2026. New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 68% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Recent Insider Transactions • Mar 12
Executive VP recently bought US$50k worth of stock On the 9th of March, Jonathan Nelson bought around 3k shares on-market at roughly US$19.39 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Jonathan has been a buyer over the last 12 months, purchasing a net total of US$544k worth in shares. Reported Earnings • Feb 03
Full year 2025 earnings released Full year 2025 results: US$0.18 loss per share. Revenue: US$82.1m (down 7.2% from FY 2024). Net loss: US$3.29m (down 129% from profit in FY 2024). 공시 • Jan 31
Avidia Bancorp, Inc. announces Quarterly dividend, payable on February 26, 2026 Avidia Bancorp, Inc. announced Quarterly dividend of USD 0.0500 per share payable on February 26, 2026, ex-date on February 17, 2026 and record date on February 17, 2026. Recent Insider Transactions • Nov 25
CEO, President & Director recently bought US$50k worth of stock On the 21st of November, Robert Cozzone bought around 3k shares on-market at roughly US$15.33 per share. This transaction amounted to 5.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$151k. Robert has been a buyer over the last 12 months, purchasing a net total of US$864k worth in shares. Recent Insider Transactions • Nov 07
CEO, President & Director recently bought US$50k worth of stock On the 5th of November, Robert Cozzone bought around 3k shares on-market at roughly US$15.26 per share. This transaction amounted to 6.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$326k. Robert has been a buyer over the last 12 months, purchasing a net total of US$764k worth in shares. Reported Earnings • Oct 24
Third quarter 2025 earnings released Third quarter 2025 results: US$0.049 loss per share. Net loss: US$907.0k (flat on 3Q 2024). 공시 • Sep 26
Avidia Bancorp, Inc. and Avidia Bank Appoint Michael Gilles to Board of Directors, Effective September 25, 2025 Avidia Bancorp, Inc. announced the appointment of Michael “Mike” Gilles to its Board of Directors, to serve in the class of Directors with terms expiring in 2028 and to the Board of Directors of Avidia Bank, effective September 25, 2025. Mr. Gilles is a seasoned financial services executive who brings over 45 years of community banking experience to Avidia. Prior to starting a bank consultancy practice in 2024, he served as the Executive Vice President, Chief Operating and Financial Officer of Cambridge Financial Group, Inc., the holding company for Cambridge Savings Bank in Cambridge, MA. His professional background includes executive positions at several Massachusetts mutual and public banks. He possesses extensive knowledge of all areas of banking and has specific expertise in financial management and reporting, internal controls, asset/liability and investment portfolio management, mergers and acquisitions, credit administration, and risk management. Mr. Gilles is a native of Hudson, MA, where Avidia Bank is headquartered. Mr. Gilles is a Certified Management Accountant and earned a bachelor’s degree in accountancy from Bentley University. He is also a graduate of the Stonier Graduate School of Banking. In addition to his consulting work, Mr. Gilles is the Treasurer and a director of the Bay State Federal Savings Charitable Foundation. He has served in advisory roles at the Massachusetts Bankers Association and the Federal Home Loan Bank of Boston and is a past President of the Financial Managers Society, Boston Chapter. Mr. Gilles has been appointed to serve on the Audit Committee of the Company’s Board of Directors. Recent Insider Transactions • Aug 19
CEO, President & Director recently bought US$100k worth of stock On the 15th of August, Robert Cozzone bought around 7k shares on-market at roughly US$14.62 per share. This transaction amounted to 86% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth US$375k. Robert has been a buyer over the last 12 months, purchasing a net total of US$164k worth in shares. Recent Insider Transactions • Aug 06
Executive VP recently bought US$101k worth of stock On the 5th of August, Jonathan Nelson bought around 7k shares on-market at roughly US$14.40 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Jonathan's only on-market trade for the last 12 months. 
