WNEB Director Donna J. Damon Receives 291 Shares

What Happened Donna J. Damon, a director of Western New England Bancorp, acquired 291 shares on August 5, 2026. The shares were acquired at $13.90 per share for a total value of approximately $4,045. This transaction is recorded as an acquisition (A) — the director elected to receive stock rather than cash compensation.

Key Details

• Transaction date and price: 2026-08-05 at $13.90 per share (291 shares; ~$4,045 total).
• Filing date / timeliness: Form 4 filed 2026-08-07 (appears to be within the typical 2-business-day reporting window).
• Shares owned after transaction: Not reported in the information provided in this summary.
• 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.

Context This was an acquisition funded by a director election to receive equity instead of cash compensation — a common practice for non-employee directors and not an exercise or sale. Such elections are routine and reflect a method of compensation rather than an active market timing decision; they should be viewed as a compensation choice rather than a clear bullish or bearish signal.