Companies Avidia Bancorp, Inc.
Avidia Bancorp (AVBC): executive pay, fiscal 2025
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CEO pay, last three years
- $1,752,201FY2025
CEO total pay was $1,752,201 in fiscal 2025; the brief holds no earlier figure for this CEO.
FY2025: salary $731,578 · bonus $608,000
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Executives and directors
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Cozzone | $731,578 | $608,000 | — | — | — | — | $412,623 | $1,752,201 |
| President and Chief Executive Officer | ||||||||
| Jonathan Nelson | 357,212 | 195,000 | — | — | — | — | 27,173 | 579,385 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Bartholomew Murphy Jr. | 356,635 | 72,500 | — | — | — | — | 63,128 | 492,263 |
| Executive Vice President and Chief Operating Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Robert Cozzone | $1,752,201 | — | — | — |
| Jonathan Nelson | 579,385 | — | — | — |
| Bartholomew Murphy Jr. | 492,263 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's compensation program is designed to attract, retain, and motivate highly qualified executives. Compensation is aligned with the Company's performance and long-term success, with a focus on cash-based incentives and discretionary bonuses to recognize contributions to strategic initiatives like the IPO.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer and Partners, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | — |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
No outstanding equity awards are on file for this fiscal year.
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Michael MurphyIndependent · Nominating/ Corporate Governance Committee (Chair) | $92,000 | — | — | — | $8,400 | $100,400 |
| Paul BlazarIndependent · Compensation Committee (Chair) · Nominating/ Corporate Governance Committee | 76,300 | — | — | — | 8,400 | 84,700 |
| Michael R. GirardIndependent · Nominating/ Corporate Governance Committee | 76,300 | — | — | — | 8,400 | 84,700 |
| Joseph F. GrimaldoIndependent · Compensation Committee · Nominating/ Corporate Governance Committee | 76,300 | — | — | — | 8,400 | 84,700 |
| Carol V. GallagherIndependent · Audit Committee · Compensation Committee | 72,550 | — | — | — | 8,400 | 80,950 |
| Jeffrey B. LelandIndependent · Nominating/ Corporate Governance Committee | 71,500 | — | — | — | 8,400 | 79,900 |
| James N. BallIndependent · Nominating/ Corporate Governance Committee | 70,500 | — | — | — | 8,400 | 78,900 |
| M. Neil FlaniganIndependent · Audit Committee · Compensation Committee | 67,550 | — | — | — | 8,400 | 75,950 |
| Kennedy O. SaulIndependent · Audit Committee | 62,750 | — | — | — | 8,400 | 71,150 |
| Vanessa E. CandelaIndependent · Audit Committee | 60,500 | — | — | — | 8,400 | 68,900 |
| Michael O. GillesIndependent · Audit Committee (Chair) | 5,167 | — | — | — | 0 | 5,167 |
Board fee structure and ownership guideline
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 12,000 |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $731,417 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $84,000 |
| Total cost of the board | $815,417 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Avidia Bancorp as a peer
Companies that benchmark against AVBC
No companies currently name AVBC as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Avidia Bancorp, Inc. | 2025 | Robert Cozzone | $731,578 | — | — | — | $1,752,201 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-09-15 | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-09-15 | —a |
a. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (17 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Robert Cozzone. DEF 14A, filed 2026-08-07. Section “Executive Compensation”. As printed: 1,752,201. View filing ↗
- Section 01, Jonathan Nelson. DEF 14A, filed 2026-08-07. Section “Executive Compensation”. As printed: 579,385. View filing ↗
- Section 01, Bartholomew Murphy Jr.. DEF 14A, filed 2026-08-07. Section “Executive Compensation”. As printed: 492,263. View filing ↗
- Section 08, Michael Murphy. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 100,400. View filing ↗
- Section 08, Paul Blazar. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 84,700. View filing ↗
- Section 08, Michael R. Girard. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 84,700. View filing ↗
- Section 08, Joseph F. Grimaldo. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 84,700. View filing ↗
- Section 08, Carol V. Gallagher. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 80,950. View filing ↗
- Section 08, Jeffrey B. Leland. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 79,900. View filing ↗
- Section 08, James N. Ball. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 78,900. View filing ↗
- Section 08, M. Neil Flanigan. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 75,950. View filing ↗
- Section 08, Kennedy O. Saul. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 71,150. View filing ↗
- Section 08, Vanessa E. Candela. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 68,900. View filing ↗
- Section 08, Michael O. Gilles. DEF 14A, filed 2026-08-07. Section “Director Compensation”. As printed: 5,167. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-09-15. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 09b board cost (computed). Computed. Cash 731,417 + equity 0 + all other 84,000 = 815,417, summed across the director compensation table rows.
- Avidia Bancorp, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-08-07. CEO total compensation as printed in Avidia Bancorp, Inc.'s own proxy. As printed: 1,752,201. View filing ↗