Richter Steven G. 4

What Happened Steven G. Richter, a director of Western New England Bancorp (WNEB), acquired 443 shares on May 6, 2026. The shares were acquired at $14.30 per share for a total value of $6,334. The Form 4 lists the transaction as an "A" (award/other acquisition) and the filing notes the shares were purchased in the open market using director compensation.

Key Details

• Transaction date and price: May 6, 2026 — 443 shares at $14.30 each (total $6,334).
• How acquisition occurred: Open-market purchase made on behalf of the reporting person under the Company's Non-Employee Director Stock Election Program (footnote F1).
• Shares owned after transaction: Not disclosed in the filing.
• Filing timeliness: Report filed May 8, 2026 for a May 6 transaction — appears timely (within the normal 2-business-day reporting window).
• Transaction code: A (award/other acquisition); footnote clarifies this was funded by compensation rather than a gift or option exercise.

Context This was a purchase funded by director compensation election, a routine way non-employee directors convert cash pay into company stock. Such transactions are common and do not by themselves indicate a change in insider sentiment.