Independent
Tenure on this board
1.0 yrs
Meeting calendar
AVBC · Annual meeting · Tuesday, September 15, 2026
Avidia Bancorp Inc
4 nominees · 3 ballot items.
Election of four directors; approval of the Avidia Bancorp, Inc. 2026 Equity Incentive Plan; ratification of appointment of BDMP Assurance, LLP as independent registered public accounting firm.
Market cap
$432M
1Y TSR
+43.6%
Board grade
C
Record date
Jul 24, 2026
Filing
DEF 14A
Filed Aug 7, 2026 · DEF 14A
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect four directors (Vanessa E. Candela, Michael R. Girard, Mark R. O’Connell and Kennedy O. Saul) to three-year terms.
- 2
Approval of Avidia Bancorp, Inc. 2026 Equity Incentive Plan
ManagementBoard: FORApprove the 2026 Equity Incentive Plan to authorize up to 2,810,675 shares for grants (including 803,050 for restricted stock/RSUs and 2,007,625 for stock options) with specified governance, vesting, and other provisions.
More detail
The proposal requests shareholder approval for the 2026 Equity Incentive Plan, which authorizes a share reserve of 2,810,675 shares (803,050 for restricted stock/RSUs and 2,007,625 for stock options) to be used to grant equity awards to employees, service providers and non-employee directors. Management seeks approval to support retention and recruitment following the company’s mutual-to-stock conversion and IPO, arguing equity awards align employee and director interests with shareholders and are standard among peers. The Plan incorporates governance best practices: limits on individual issuance, minimum one-year vesting for 95% of awards, prohibition on option repricing without shareholder approval, double-trigger change-in-control vesting, clawback policies, restrictions on dividend equivalents, and limits on share recycling. The board also disclosed self-executing initial awards to non-employee directors that vest over five years, and the Compensation Committee retains broad discretion to administer awards subject to specified limits and shareholder approval for material changes. The Board unanimously recommends for approval, citing competitive necessity, alignment with prior prospectus disclosures, and consistency with industry and regulatory expectations; failure to approve would limit the company’s ability to use equity for compensation, potentially requiring higher cash compensation and impairing competitiveness for talent. The Plan’s design, limits and tax-related provisions are detailed in Appendix A.
- 3
Ratification of Appointment of BDMP Assurance, LLP as Independent Registered Public Accounting Firm
ManagementBoard: FORRatify the Audit Committee’s appointment of BDMP Assurance, LLP to serve as the independent registered public accounting firm for fiscal year ending December 31, 2026.
Director elections
Nominees on the ballot4
Independent
Tenure on this board
1.0 yrs
Independent
Tenure on this board
1.0 yrs
Independent
Tenure on this board
1.0 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | T. Rowe Price Investment Management, Inc. | 6.0% | 1,197,758 | $24M |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 4.1% | 821,976 | $16M |
| 3 | WELLINGTON MANAGEMENT GROUP LLP | 3.9% | 778,436 | $15M |
| 4 | FJ Capital Management LLC | 2.5% | 497,258 | $10M |
| 5 | MILLENNIUM MANAGEMENT LLC | 1.6% | 323,030 | $6M |
| 6 | BlackRock, Inc. | 1.4% | 273,061 | $5M |
| 7 | TWO SIGMA INVESTMENTS, LP | 1.1% | 211,122 | $4M |
| 8 | GEODE CAPITAL MANAGEMENT, LLC | 0.9% | 178,756 | $4M |
| 9 | WHITE PINE CAPITAL LLC | 0.8% | 164,571 | $3M |
| 10 | HENNESSY ADVISORS INC | 0.8% | 155,000 | $3M |
Peers
Nearest market capOther Financial Services sector meetings6
Upcoming shareholder meetings at Avidia Bancorp Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Oportun Financial CorpOPRT
Annual meeting·Aug 11, 2026·$368M
Saratoga Investment CorpSAR
Annual meeting·Sep 22, 2026·$318M
World Acceptance CorpWRLD
Annual meeting·Aug 19, 2026·$882M
Hamilton Lane IncHLNE
Annual meeting·Sep 10, 2026·$5.4B
Blackstone Secured Lending FundBXSL
Annual meeting·Sep 24, 2026·$5.6B
Stepstone Group IncSTEP
Annual meeting·Sep 8, 2026·$6.0B
Reference
Frequently asked questions
- When is the Avidia Bancorp Inc 2026 annual meeting?
- Avidia Bancorp Inc (AVBC) holds its 2026 annual shareholder meeting on Tuesday, September 15, 2026.
- What is the record date for the Avidia Bancorp Inc 2026 meeting?
- The record date for the Avidia Bancorp Inc 2026 meeting is Friday, July 24, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Avidia Bancorp Inc's 2026 meeting?
- The board is presenting 4 director nominees at the Avidia Bancorp Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Avidia Bancorp Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Avidia Bancorp Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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