[Form 4] Western New England Bancorp, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Damon Donna J., identified as a director of Western New England Bancorp (WNEB), acquired 358 shares of the issuer's common stock on 08/06/2025 at a price of $11.1227 per share under the company's Non-Employee Director Stock Election Program.
The filing states the shares were self-funded through deferred compensation and are not a restricted stock award. After the transaction the reporting person beneficially owns 64,831 shares in a direct ownership form. The form is filed by one reporting person and lists the relationship as Director.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small, routine director purchase of 358 shares under a deferred-compensation election; disclosure is factual and appears immaterial to valuation.
The transaction is an acquisition of common stock through the Non-Employee Director Stock Election Program and was self-funded via deferred compensation. The per-share price reported is $11.1227 and the reporting person holds 64,831 shares following the trade. From a financial-analysis perspective, the size of the purchase relative to the insider's total holdings appears modest and the filing provides no indication of restricted awards or derivative activity.
TL;DR: Routine governance disclosure showing a director electing to acquire shares via the company program; compliance and transparency are met.
The form clearly identifies the reporter as a director and notes the acquisition was made under the company's Non-Employee Director Stock Election Program. The explanatory note specifies the shares are self-funded and not a restricted stock award, which clarifies the economic nature of the purchase. Table II (derivatives) contains no entries, indicating no related derivative transactions were reported.