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Western New England Bancorp, Inc.·4

Feb 6, 4:25 PM ET

MASSE WILLIAM D 4

Research Summary

AI-generated summary

Updated

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.