STOCK TITAN

Western New England (WNEB) director gets $20K stock grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Fitzgerald Gary G reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp director equity grant. Director Gary G. Fitzgerald received 1,603 shares of common stock as a grant under the company’s Amended & Restated 2021 Omnibus Plan. The shares, with a grant date fair market value of approximately $20,000, fully vest on 12/31/26 and bring his direct holdings to 35,034 shares.

Positive

  • None.

Negative

  • None.
Insider Fitzgerald Gary G
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,603 $0.00 --
Holdings After Transaction: Common Stock — 35,034 shares (Direct)
Footnotes (1)
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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Fitzgerald Gary G

(Last) (First) (Middle)
C/O WESTERN NEW ENGLAND BANCORP, INC.
141 ELM STREET

(Street)
WESTFIELD MA 01085

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Western New England Bancorp, Inc. [ WNEB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/06/2026 A 1,603(1) A $0 35,034 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares granted under the Company's Amended & Restated 2021 Omnibus Plan fully vest on 12/31/26 and represent the portion of the Director's annual Board retainer that is paid in equity having a grant date fair market value of approximately $20,000.
/s/ John E. Bonini, Attorney-in-Fact 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Western New England Bancorp (WNEB) report for Gary G. Fitzgerald?

Western New England Bancorp reported that director Gary G. Fitzgerald received 1,603 shares of common stock as a grant. The award was made at no cash cost per share and increased his direct holdings to 35,034 shares after the transaction.

How many Western New England Bancorp (WNEB) shares does Gary G. Fitzgerald hold after this grant?

After the grant, Gary G. Fitzgerald directly holds 35,034 Western New England Bancorp common shares. The transaction involved an award of 1,603 shares, recorded as a grant or other acquisition, with no purchase price per share listed in the filing data.

What is the value of the Western New England Bancorp (WNEB) equity grant to Gary G. Fitzgerald?

The grant to Gary G. Fitzgerald has a grant date fair market value of approximately $20,000. This amount represents the portion of the director’s annual board retainer that is paid in equity under the company’s Amended & Restated 2021 Omnibus Plan.

When do Gary G. Fitzgerald’s newly granted Western New England Bancorp (WNEB) shares vest?

The 1,603 Western New England Bancorp shares granted to Gary G. Fitzgerald fully vest on 12/31/26. Until that vesting date, the award represents equity compensation linked to his service as a director and is part of his annual board retainer.

Under which plan were the new Western New England Bancorp (WNEB) shares granted to Gary G. Fitzgerald?

The shares were granted under Western New England Bancorp’s Amended & Restated 2021 Omnibus Plan. This plan provides for equity-based compensation, and the 1,603-share award represents the equity portion of the director’s annual board retainer, valued at about $20,000.

Was the Western New England Bancorp (WNEB) grant to Gary G. Fitzgerald a market purchase or compensation award?

The transaction was a compensation award, not a market purchase. The Form 4 classifies it as a grant, award, or other acquisition with a transaction price of $0.0000 per share, reflecting equity paid as part of the director’s annual board retainer.