HAGAN JAMES C 4

What Happened
James C. Hagan, President, CEO and a director of Western New England Bancorp, Inc. (WNEB), was granted 11,735 shares as an award (transaction code A) on 2026-03-06. The grant was reported as acquired at $0.00 per share (total reported cash value $0), meaning this is an equity award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Form 4 filed: 2026-03-10 (timely filing).
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per share. Shares acquired: 11,735.
• Reported holdings note: The filing states total direct holdings include 27,273 unvested time‑based incentive shares. Vesting schedule: 14,282 on 12/31/26; 8,078 on 12/31/27; 3,913 on 12/31/28.
• No indication this was a sale or exercise; it’s an equity award (not a cash purchase or immediate sale).

Context
Equity awards like this are common as executive compensation and do not by themselves indicate buying or selling activity in the open market. The vesting schedule means the full economic interest vests over future dates listed above.