MASSE WILLIAM D 4
4 · Western New England Bancorp, Inc. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Western New England Bancorp (WNEB) Director William Masse Receives 305 Shares
What Happened
William D. Masse, a director of Western New England Bancorp, acquired 305 shares on 2026-02-04 at $14.23 per share, for a total value of $4,341. The filing classifies the transaction as an acquisition (code A) and indicates the shares were obtained under the company's Non‑Employee Director Stock Election Program.
Key Details
- Transaction date: 2026-02-04; Filing date (Form 4): 2026-02-06 — appears timely.
- Price: $14.23 per share; Shares acquired: 305; Total value: $4,341.
- Shares owned after the transaction: not specified in this filing.
- Footnote: Shares were self‑funded through deferred director compensation and are not a restricted stock award (Footnote F1).
- Transaction code: A (award/other acquisition).
Context
This was an acquisition via a director compensation election (deferred pay converted into company stock), a routine mechanism for non-employee directors to take compensation in shares. Such transactions differ from open‑market purchases and often reflect compensation elections rather than a buy based on new private information.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-04$14.23/sh+305$4,341→ 66,438 total
Footnotes (1)
- [F1]Represents an acquisition of stock under the Company's Non-Employee Director Stock Election Program. Shares acquired are self-funded through deferred compensation and are not representative of a restricted stock award.