Leo R. Sagan Jr. - 04 Jan 2023 Form 4 Insider Report for Western New England Bancorp, Inc. (WNEB)

Signature
/s/ John E. Bonini, Attorney-in-Fact
Issuer symbol
WNEB
Transactions as of
04 Jan 2023
Net transactions value
-$7,037
Form type
4
Filing time
06 Jan 2023, 15:18:09 UTC
Previous filing
04 Mar 2022
Next filing
08 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WNEB Common Stock Tax liability $7,037 -747 -22% $9.42 2,661 04 Jan 2023 Direct F1
holding WNEB Common Stock 4,931 04 Jan 2023 by 401(K) Plan
holding WNEB Common Stock 27,533 04 Jan 2023 by ESOP
holding WNEB Common Stock 50,080 04 Jan 2023 by Trust F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the vesting of restricted common stock.
F2 Shares held in trust by Leo R. Sagan & Jennifer A. Sagan, trustees to the Leo R. Sagan Jr. 2013 Family Trust UAD September 13, 2013.