STOCK TITAN

Western New England Bancorp (WNEB) director receives 1,603-share equity retainer grant

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MASSE WILLIAM D reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp director William D. Masse received an equity grant of 1,603 shares of Common Stock. The shares were awarded at no cash cost to him as part of his annual Board retainer, with a grant date fair market value of approximately $20,000.

The award was granted under the company’s Amended & Restated 2021 Omnibus Plan and will fully vest on 12/31/26. Following this grant, Masse directly holds 68,041 shares of Western New England Bancorp common stock.

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Insider MASSE WILLIAM D
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,603 $0.00 $0.00
Holdings After Transaction: Common Stock — 68,041 shares (Direct)
Footnotes (1)
  1. F1. 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.

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FAQ

What insider transaction did Western New England Bancorp (WNEB) report for William D. Masse?

Western New England Bancorp reported that director William D. Masse received a grant of 1,603 shares of Common Stock. The award was made at no cash cost to him as part of his annual Board retainer under the Amended & Restated 2021 Omnibus Plan.

Was the WNEB Form 4 transaction a stock purchase or a compensation grant?

The Form 4 transaction was a compensation-related grant, not an open-market stock purchase. Masse received 1,603 shares of Common Stock as part of his annual Board retainer, with the shares granted under Western New England Bancorp’s Amended & Restated 2021 Omnibus Plan.

What is the approximate value of the shares granted to William D. Masse by WNEB?

The shares have a grant date fair market value of approximately $20,000. This equity award represents the portion of the director’s annual Board retainer that is paid in stock rather than cash, according to the Form 4 footnote disclosure.

When do William D. Masse’s newly granted WNEB shares vest?

The 1,603 shares granted to William D. Masse fully vest on 12/31/26. Until that vesting date, the shares are subject to the terms of Western New England Bancorp’s Amended & Restated 2021 Omnibus Plan as described in the Form 4 footnote.

How many Western New England Bancorp shares does William D. Masse hold after this Form 4 transaction?

After the grant, William D. Masse directly holds 68,041 shares of Western New England Bancorp Common Stock. This post-transaction holding figure is reported in the Form 4 as the total number of shares beneficially owned following the award.

What plan governed the equity grant reported in WNEB’s Form 4 for William D. Masse?

The equity grant was made under Western New England Bancorp’s Amended & Restated 2021 Omnibus Plan. The Form 4 footnote explains that the 1,603-share award represents the equity portion of the director’s annual Board retainer and specifies its vesting schedule.
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*
MASSE WILLIAM D

(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 68,041 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.