Gorman Louis O III 4
4 · Western New England Bancorp, Inc. · Filed Mar 8, 2023
Insider Transaction Report
Form 4
Gorman Louis O III
VP - Credit Administration
Transactions
- Tax Payment
Common Stock
2023-03-06$9.90/sh−1,129$11,177→ 14,642 total - Award
Common Stock
2023-03-06$9.90/sh+3,351$33,175→ 15,771 total
Holdings
- 26,317(indirect: by ESOP)
Common Stock
Footnotes (2)
- [F1]These shares were issued to the Reporting Person pursuant to the Western New England Bancorp, Inc. 2020 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period.
- [F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1.