Smith Philip R 4

What Happened
Philip R. Smith, a director of Western New England Bancorp, reported the sale of 3,000 shares on February 27, 2026. The shares were sold at $13.17 each, for a total transaction value of $39,510. This was a sale (code S), reported as an open-market or private sale on the Form 4.

Key Details

• Transaction date: 2026-02-27
• Transaction type/code: Sale (S) — open-market or private sale reported
• Price per share: $13.17
• Shares sold: 3,000; total value: $39,510
• Filing date: 2026-03-02 (filed within the SEC’s 2-business-day window — timely)
• Shares owned after transaction: Not disclosed in the summary filing provided
• Footnotes / plans: No 10b5-1 plan, withholding, or other footnotes were indicated in the filing summary

Context
Insider sales are often routine (for liquidity, portfolio rebalancing, tax needs, etc.) and do not by themselves indicate negative company prospects. Purchases tend to be more informative about insider sentiment. This transaction is a straightforward sale by a director and was reported on time.