McMahon Lisa G 4
Research Summary
AI-generated summary
WNEB Director Lisa McMahon Acquires 267 Shares
What Happened
- Lisa G. McMahon, a director of Western New England Bancorp (WNEB), acquired 267 shares on Feb 4, 2026. The shares were acquired at $14.23 each for a total value of about $3,800. The transaction is reported as an acquisition (code A).
Key Details
- Transaction date and price: 2026-02-04 — 267 shares at $14.23/share.
- Total value: approximately $3,800.
- Shares owned after transaction: not disclosed in the provided filing excerpt.
- Footnote: F1 notes the shares were acquired under the Company's Non‑Employee Director Stock Election Program and were self‑funded through deferred compensation; these are not a restricted stock award.
- Filing: Form 4 filed 2026-02-06 (appears timely — within the usual 2‑business‑day reporting window).
Context
- This was an acquisition tied to a director compensation election (deferring cash fees into stock), a common, routine way directors receive equity. Such transactions are informative but often reflect compensation elections rather than a separate market purchase or a direct signal of trading intent.