Fitzgerald Gary G 4
4 · Western New England Bancorp, Inc. · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Western New England (WNEB) Director Gary G. Fitzgerald Receives Award
What Happened
Gary G. Fitzgerald, a director of Western New England Bancorp, received an equity award of 1,603 shares on 2026-03-06. The Form 4 reports an acquisition price of $0.00 (total $0) because this was a granted award; the filing’s footnote states the grant date fair market value is approximately $20,000. The shares are granted under the Company’s Amended & Restated 2021 Omnibus Plan and fully vest on 12/31/2026 as the equity portion of his annual board retainer.
Key Details
- Transaction date: 2026-03-06; transaction code: A (award/grant).
- Shares granted: 1,603; reported acquisition price: $0.00; Form 4 reported value: $0.
- Grant date fair market value (footnote): ≈ $20,000.
- Vesting: fully vest on 12/31/2026 under the 2021 Omnibus Plan.
- Filing date: 2026-03-10 — filed within the standard two-business-day window (timely).
- Shares owned after the transaction: not specified on this Form 4.
- No 10b5-1 plan, tax-withholding sale, or immediate disposition noted in the filing.
Context
This is a routine director equity compensation award (part of the annual board retainer) and not a market purchase or sale. Such grants are common for non-employee directors and generally reflect compensation practices rather than a direct signal about the insider’s market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-06+1,603→ 35,034 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.