James C. Hagan - 05 Mar 2024 Form 4 Insider Report for Western New England Bancorp, Inc. (WNEB)

Role
President and CEO, Director
Signature
/s/ John E. Bonini, Attorney-in-Fact
Issuer symbol
WNEB
Transactions as of
05 Mar 2024
Net transactions value
+$86,191
Form type
4
Filing time
07 Mar 2024, 16:26:22 UTC
Previous filing
16 Feb 2024
Next filing
11 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WNEB Common Stock Award $121,987 +14,715 +7.1% $8.29 221,470 05 Mar 2024 Direct F1
transaction WNEB Common Stock Tax liability $35,796 -4,318 -1.9% $8.29 217,152 05 Mar 2024 Direct F2
holding WNEB Common Stock 44,552 05 Mar 2024 by ESOP
holding WNEB Common Stock 12,230 05 Mar 2024 by 401(K) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to the Reporting Person pursuant to the Western New England Bancorp, Inc. 2021 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period.
F2 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1.