WNEB Director William D. Masse Receives 312 Shares
$WNEB · Western New England Bancorp, Inc.Research Summary
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WNEB Director William D. Masse Receives 312 Shares
What Happened
William D. Masse, a director of Western New England Bancorp, acquired 312 shares on August 5, 2026 at $13.90 per share, for a total value of $4,337. The filing reports this as an acquisition (code A) representing shares purchased in the open market under the company’s Non-Employee Director Stock Election Program using cash compensation.
Key Details
- Transaction date: 2026-08-05; Price: $13.90 per share; Shares: 312; Total value: $4,337.
- Transaction code: A (award/other acquisition — open-market purchase on behalf of director).
- Footnote: 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.
- Filing date: 2026-08-07 (filed two days after the transaction; within the typical two-business-day Form 4 reporting window).
- Shares owned after the transaction are not specified in the supplied filing details.
Context
This was a director stock-election purchase (compensation converted into shares and acquired on the director’s behalf), which is a routine way for non-employee directors to take pay in stock rather than cash. Such transactions reflect compensation elections rather than direct open-market buys using additional personal cash; they are informational but not necessarily a standalone signal of insider sentiment.