Sajdak Guida R 4
Research Summary
AI-generated summary
Western New England Bancorp (WNEB) CFO Guida Sajdak Receives 3,793 Shares
What Happened
Guida R. Sajdak, EVP, Chief Financial Officer and Treasurer of Western New England Bancorp (WNEB), was granted 3,793 shares on March 6, 2026. The Form 4 reports the acquisition price as $0 (an award/grant), indicating these are compensation-related stock awards rather than an open-market purchase.
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (timely; within the two-business-day filing window).
- Transaction type/code: Award/Grant (A); 3,793 shares acquired at $0.00 reported price.
- Shares owned / unvested holdings: Filing notes total direct holdings include 8,855 unvested time‑based incentive shares (vest scheduled: 4,648 on 12/31/26; 2,942 on 12/31/27; 1,265 on 12/31/28).
- Other holdings noted in footnotes: a trust (Jeffrey M. Sajdak and Guida R. Rafael Sajdak, Trustees) is referenced, and 485 shares are held in custody by Guida’s husband for their son (Jeffery Sajdak Custody/UTMA).
Context
- This was a compensation award (time‑based incentive stock award), not a market purchase or sale, so it reflects executive compensation rather than a direct trading signal.
- Time‑based awards typically vest over future dates (see vesting schedule above); vesting, not the grant itself, determines when the insider can sell.
- The filing appears timely, so no late‑filing implications are indicated.