Western New England Bancorp Director Steven G. Richter Buys 441 Shares

What Happened
Steven G. Richter, a director of Western New England Bancorp, acquired 441 shares on August 5, 2026 at $13.90 per share, a total value of $6,130. The Form 4 reports this as an "A" (award/acquisition) transaction.

Key Details

• Transaction date: 2026-08-05; Filing date: 2026-08-07 (filed timely).
• Price: $13.90 per share; Total value: $6,130.
• Transaction code: A (grant, award or other acquisition).
• Footnote: 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.
• Shares owned after transaction: Not specified in the provided filing.

Context
This was a purchase funded by director compensation (not an option exercise or gift) and is commonly a routine way for non-employee directors to take equity. The dollar amount is modest, so while purchases can be a positive signal, this appears to be a compensation-directed acquisition rather than a large personal investment.