WNEB Form 4: Director Masse Buys 384 Shares at $11.12
William D. Masse, a director of Western New England Bancorp (WNEB), acquired 384 shares of the issuer's common stock on 08/06/2025 at a reported price of $11.1227 per share, bringing his direct ownership to 65,767 shares.
Rhea-AI Filing Summary
William D. Masse, a director of Western New England Bancorp (WNEB), acquired 384 shares of the issuer's common stock on 08/06/2025 at a reported price of $11.1227 per share, bringing his direct ownership to 65,767 shares. The filing states the shares were obtained under the company’s Non-Employee Director Stock Election Program and were self-funded through deferred compensation rather than issued as restricted stock.
No derivative transactions were reported in this Form 4. The disclosure is a routine director purchase under a compensation election and documents a modest increase in direct common-stock holdings by a company director.
Positive
- Director William D. Masse acquired 384 common shares at $11.1227, increasing direct holdings to 65,767 shares
Negative
- None.
Insights
Director Masse purchased 384 shares at $11.1227, raising direct holdings to 65,767 shares.
This Form 4 reports a small, non-derivative acquisition by a board director under the Non-Employee Director Stock Election Program. The transaction was self-funded via deferred compensation and is explicitly not a restricted stock award. From a shareholder-impact perspective the trade is immaterial to company valuation given the size of the purchase, and no other substantive changes to ownership or option positions were disclosed.
Routine director stock election recorded; shares self-funded, not restricted, consistent with typical governance practices.
The filing documents a standard governance-related equity election rather than a discretionary grant. Reporting that the shares were acquired through deferred compensation provides transparency on funding source and suggests alignment with the program’s mechanics. No joint filings or indirect ownership changes were reported. This disclosure is procedural in nature and does not indicate any extraordinary governance event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 384 | $11.1227 | $4K |
Footnotes (1)
- F1. Represents an acquisition of stock under the Company's Non-Employee Director Stock Election Program. Shares acquired are self-funded through deferred compensation and are not representative of a restricted stock award.
FAQ
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What did WNEB director William D. Masse report on the Form 4?
When was the transaction reported on the Form 4 for WNEB?
Was this acquisition funded by the company or self-funded?
Did the Form 4 report any derivative transactions for WNEB by the reporting person?
Does this Form 4 indicate any change in indirect ownership or joint filing status?
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