Fitzgerald Gary G 4
4 · Western New England Bancorp, Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
WNEB Director Gary G. Fitzgerald Receives 353 Shares
What Happened Gary G. Fitzgerald, a director of Western New England Bancorp, Inc. (WNEB), acquired 353 shares on 2026-05-06 at $14.30 per share, a total value of $5,047. The transaction is coded as an acquisition (A) — shares were purchased rather than sold. Because the purchase was funded by director compensation, this is generally a routine conversion of pay to equity rather than an opportunistic market buy.
Key Details
- Transaction date: 2026-05-06; filing date: 2026-05-08 (timely filed).
- Price: $14.30 per share; Shares acquired: 353; Total value: $5,047.
- Shares owned after the transaction: not disclosed in the provided excerpt.
- Footnote: The shares were purchased in the open market on behalf of the reporting person under the Company's Non-Employee Director Stock Election Program, using compensation otherwise payable in cash (see footnote F1).
- Transaction code: A (award/other acquisition). Not an option exercise or gift.
Context This was a compensation-funded acquisition under a director stock election program — a routine mechanism that converts cash pay into company stock. Such transactions are common for non-employee directors and do not necessarily signal a personal trading decision.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-06$14.30/sh+353$5,047→ 35,387 total
Footnotes (1)
- [F1]Represents shares purchased in the open market on behalf of the reporting person pursuant to the Company's Non-Employee Director Stock Election Program using compensation otherwise payable in cash.