Bonini John E 4

What Happened
John E. Bonini, Senior Vice President and General Counsel of Western New England Bancorp (WNEB), was granted 2,792 shares as a stock award on March 6, 2026. The shares were reported as acquired at $0.00 per share (total reported value $0), reflecting an award/grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Form filed: 2026-03-10 (timely — within the required filing window).
• Transaction type/code: Award/Grant (A). Acquired 2,792 shares at $0.00 per share (total $0).
• Reported holdings: Form notes total direct holdings include 6,519 unvested time‑based award shares. Vesting schedule (per footnote): 3,421 shares vest 12/31/26; 2,166 on 12/31/27; 932 on 12/31/28.
• Additional note: 55 shares are held solely by his son (footnote).
• No sale, exercise, or tax‑withholding event reported in this filing.

Context
This was a compensation grant — common for executives — not a market purchase or disposition. Unvested awards do not immediately deliver freely tradable shares and therefore don't directly signal an insider buying or selling stock. For retail investors, such awards are routine elements of pay and align retention incentives with future performance and tenure.