Western New England Bancorp, Inc.·4

Mar 10, 4:06 PM ET

Damon Donna J. 4

4 · Western New England Bancorp, Inc. · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Western New England (WNEB) Director Donna J. Damon Receives 1,603-Share Award

What Happened

  • Donna J. Damon, a director of Western New England Bancorp, received an equity award of 1,603 shares on 2026-03-06. The filing shows an acquisition at $0.00 (award/grant). The grant has a reported grant-date fair market value of approximately $20,000 and is part of the director’s annual board retainer.

Key Details

  • Transaction date and type: 2026-03-06 — Award/Grant (code A) of 1,603 shares at $0.00.
  • Reported value: Grant-date fair market value ≈ $20,000 (per footnote).
  • Vesting/special terms: Shares fully vest on 12/31/2026 (per footnote).
  • Shares owned after transaction: Not disclosed in the supplied filing.
  • Filing timeliness: Form 4 filed 2026-03-10; this filing appears to meet the standard Form 4 reporting timeframe.

Context

  • This was an equity grant as part of routine board compensation (annual retainer paid in shares). Such awards are common for directors and reflect compensation, not an open-market purchase or sale; they should not be taken alone as a directional signal about insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-06
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-06+1,60367,096 total
Footnotes (1)
  • [F1]Shares granted under the Company's Amended & Restated 2021 Omnibus Plan fully vest on 12/31/26 and represent the portion of the Director's annual Board retainer that is paid in equity having a grant date fair market value of approximately $20,000.
Signature
/s/ John E. Bonini, Attorney-in-Fact|2026-03-10

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES