SAGAN LEO R JR 4

What Happened Leo R. Sagan Jr, Senior Vice President & Chief Risk Officer of Western New England Bancorp (WNEB), was granted 2,840 shares on 2026-03-06. The Form 4 reports the award with an acquisition price of $0.00 (grant/award), so no cash amount was reported for the transaction.

Key Details

• Transaction date: 2026-03-06 — Grant/award of 2,840 shares (transaction code A), $0.00 per share.
• Filing date: 2026-03-10 — appears to have been filed one business day after the typical 2-business-day Form 4 deadline.
• Ownership notes: Footnote F1 states total direct holdings include 6,654 unvested time-based incentive shares (vesting: 3,497 on 12/31/26; 2,209 on 12/31/27; 948 on 12/31/28).
• Trust disclosure: Footnote F2 identifies a related trust (Leo R. Sagan Jr 2013 Family Trust, Leo R. Sagan & Jennifer A. Sagan, Trustees).
• No sale or cash purchase was reported in this filing.

Context This filing documents an equity award (time-based incentive shares) rather than an open-market purchase or sale. Such grants are common as part of compensation and vest over time; they do not, by themselves, indicate insider buying or selling intent.