Benoit Laura 4

What Happened
Laura Benoit, a director of Western New England Bancorp, acquired 29 shares on February 4, 2026 under the company's Non‑Employee Director Stock Election Program. The shares were acquired at $14.23 per share for a reported total value of $413. This was an acquisition (program-funded purchase via deferred compensation), not a sale.

Key Details

• Transaction type: Acquisition (Form 4 code A) under the Non‑Employee Director Stock Election Program.
• Date and price: 2026-02-04, 29 shares at $14.23 each (total reported $413).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: The shares were self-funded through deferred compensation and are not a restricted stock award (per F1).
• Filing timeliness: Report filed 2026-02-06 (appears timely per standard Form 4 reporting window).

Context
This was an insider acquisition through a director stock election (deferred comp), a routine way directors take compensation in stock. Such program-based purchases are different from open-market buys and reflect compensation elections rather than an active market timing decision.