Doane Thomas purchased ~$231K in Avidia Bancorp, Inc. stock
Avidia Bancorp, Inc. (AVBC) · EVP- Human Resources · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
Trade Details · Public SEC Filing
Insider
Doane Thomas
Role
EVP- Human Resources
Transaction
Open-Market Purchase
Approx. Value
~$231K
Trade Date
Apr 27, 2026
Company
Avidia Bancorp, Inc.
Ticker
AVBCSource
SEC EDGAR Form 4
Why This Trade Stands Out
Strong conviction signal
Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.
~$231K purchase
A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.
EVP- Human Resources
Senior executives have visibility into their division's pipeline and company health. Their trades carry weight because they understand the business from the inside.
5 insiders traded in the same window
When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.
How good is Doane Thomas at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
Doane Thomas wasn't the only one buying.
5 insiders at Avidia Bancorp, Inc. traded within the same 30-day window.
See who else bought · FreeOn April 27, 2026, Doane Thomas — EVP- Human Resources of Avidia Bancorp, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$231K in Avidia Bancorp, Inc. (AVBC) stock.
This transaction was part of a cluster — 5 insiders at Avidia Bancorp, Inc. made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
VeritySignals Conviction Analysis
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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More AVBC Insider Activity
Nelson Jonathan Michael
Jun 3, 2026
~$81K
VS
Cozzone Robert D
May 29, 2026
~$160K
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GILLES MICHAEL O
May 18, 2026
~$649K
STRONG
GILLES MICHAEL O
May 14, 2026
~$637K
STRONG
How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
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