PICKNELLY PAUL C 4
4 · Western New England Bancorp, Inc. · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Western New England (WNEB) Director Paul C. Picknelly Receives 537 Shares
What Happened
- Paul C. Picknelly, a director of Western New England Bancorp, acquired 537 shares on 2026-05-06 at $14.30 per share, a transaction reported at a total value of $7,678. This was an acquisition (award/purchase), not a sale.
Key Details
- Transaction date: 2026-05-06; filing date: 2026-05-08 (timely filing).
- Price and amount: 537 shares at $14.30 per share; total reported value $7,678.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: Shares were 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 (i.e., Picknelly elected stock in lieu of cash).
- No indication of a 10b5-1 plan, tax withholding, gift, or option exercise in this filing.
Context
- This was a routine director stock-acquisition tied to a compensation election rather than an independent market buy; such elections are common for non-employee directors and do not necessarily signal personal bullishness.
Insider Transaction Report
Form 4
PICKNELLY PAUL C
Director
Transactions
- Award
Common Stock
[F1]2026-05-06$14.30/sh+537$7,678→ 110,125 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.
Signature
/s/ John E. Bonini, Attorney-in-Fact|2026-05-08