Richter Steven G. 4

What Happened
Steven G. Richter, a director of Western New England Bancorp, acquired 467 shares on 2026-02-04 at $14.23 per share, a total value of $6,647. The Form 4 lists the transaction as an acquisition (code A), not a sale.

Key Details

• Transaction date and price: 2026-02-04 at $14.23 per share.
• Shares acquired: 467 shares — total value $6,647.
• Transaction code: A (grant, award or other acquisition).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: Acquisition made under the company’s Non‑Employee Director Stock Election Program; shares were self‑funded through deferred compensation and are not representative of a restricted stock award (F1).
• Filing timeliness: Report filed 2026-02-06 for the 2026-02-04 transaction — appears to be timely (Form 4 is generally due within two business days).

Context
This was a routine director acquisition under a deferred compensation election — the director elected to receive compensation in shares rather than cash. Such transactions reflect how directors choose to take pay but are not direct endorsements of near‑term company prospects. The dollar amount is modest ($~6.6k), so it’s a small, routine alignment of pay with equity rather than a large-scale insider buy.