STOCK TITAN

Board member to retire after 2026 meeting at Western New England Bancorp (WNEB)

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Western New England Bancorp, Inc. reported that director Paul Picknelly has informed the Board he will retire from the Board of Directors. His retirement will be effective on May 14, 2026, immediately following the Company’s 2026 Annual Meeting of Stockholders.

The Company stated that Mr. Picknelly’s decision to retire is not due to any disagreement with the Company on matters related to its operations, policies, or practices, indicating an orderly and non-contentious Board transition.

Positive

  • None.

Negative

  • None.
false 0001157647 0001157647 2026-02-24 2026-02-24 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): February 24, 2026


WESTERN NEW ENGLAND BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

Massachusetts
(State or other jurisdiction of
incorporation)
  001-16767
(Commission
File Number)
  73-1627673
(I.R.S. Employer
Identification No.)

141 Elm Street  
Westfield, Massachusetts
(Address of principal executive offices)  

01085

(zip code)

Registrant's telephone number, including area code: (413) 568-1911

(Former name or former address, if changed since last report)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, $0.01 par value per share WNEB NASDAQ

Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the Registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

   
   

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officer; Compensatory Arrangements of Certain Officers.

On February 24, 2026, Paul Picknelly, a member of the Board of Directors (the “Board”) of Western New England Bancorp, Inc. (the “Company”), notified the Board that he will retire from the Board, effective May 14, 2026, immediately following the Company’s 2026 Annual Meeting of Stockholders. Mr. Picknelly’s decision to retire from the Board was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

 

 
 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  WESTERN NEW ENGLAND BANCORP, INC.
   
   
  By: /s/ Guida R. Sajdak  
    Guida R. Sajdak
    Chief Financial Officer
   
Dated: February 27, 2026  

 

FAQ

What board change did Western New England Bancorp (WNEB) disclose?

Western New England Bancorp disclosed that director Paul Picknelly will retire from its Board of Directors. His retirement is planned as an orderly transition and is not the result of any disagreement regarding the company’s operations, policies, or practices, according to the disclosure.

When will Western New England Bancorp director Paul Picknelly retire?

Director Paul Picknelly will retire effective May 14, 2026. The retirement will occur immediately after Western New England Bancorp’s 2026 Annual Meeting of Stockholders, indicating the company intends to complete the normal annual meeting process before his departure from the Board.

Did Western New England Bancorp report any disagreement tied to Paul Picknelly’s retirement?

The company stated that Paul Picknelly’s decision to retire was not due to any disagreement with Western New England Bancorp. This includes matters relating to its operations, policies, or practices, suggesting the retirement represents a routine governance transition rather than a conflict-driven change.

What role did Paul Picknelly hold at Western New England Bancorp before retiring?

Paul Picknelly served as a member of the Board of Directors of Western New England Bancorp. The filing notes his planned retirement from the Board, effective after the 2026 Annual Meeting of Stockholders, but does not describe additional committee roles or responsibilities in the excerpt.

Who signed the Western New England Bancorp report announcing the director retirement?

The report was signed on behalf of Western New England Bancorp by Guida R. Sajdak, the company’s Chief Financial Officer. This signature indicates the filing is an authorized company disclosure under the Securities Exchange Act of 1934, covering the announced Board retirement.

Filing Exhibits & Attachments

3 documents
Western New Eng Bancorp Inc

NASDAQ:WNEB

WNEB Rankings

WNEB Latest News

WNEB Latest SEC Filings

WNEB Stock Data

271.98M
17.74M
Banks - Regional
Savings Institution, Federally Chartered
Link
United States
WESTFIELD