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Western New England Bancorp (WNEB) HR chief receives 2,684-share stock award

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

Rhea-AI Filing Summary

Phillips Christine reported acquisition or exercise transactions in this Form 4 filing.

Western New England Bancorp, Inc. senior vice president and Chief HR Officer Christine Phillips received a grant of 2,684 shares of common stock on March 6, 2026 at no cost as equity compensation. Following this award, she directly holds 22,732 shares of common stock.

A footnote states that her direct holdings include 6,267 unvested time-based incentive stock award shares, with 3,289, 2,082 and 896 shares scheduled to vest on December 31, 2026, December 31, 2027 and December 31, 2028, respectively. She also has indirect holdings of 2,828 shares through an ESOP and 1,856 shares through a 401(k) plan.

Positive

  • None.

Negative

  • None.
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*
Phillips Christine

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief HR Officer
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 2,684 A $0 22,732(1) D
Common Stock 2,828 I by ESOP
Common Stock 1,856 I by 401(K) Plan
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. Total direct includes 6,267 unvested time-based incentive stock award shares, for which 3,289, 2,082 and 896 shares are scheduled to vest on 12/31/26, 12/31/27 and 12/31/28, respectively.
/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 WNEB executive Christine Phillips report on this Form 4?

Christine Phillips reported receiving a grant of 2,684 shares of Western New England Bancorp common stock on March 6, 2026. The shares were awarded at no cost as equity compensation, increasing her direct ownership position in the company’s stock.

How many Western New England Bancorp (WNEB) shares does Christine Phillips hold after the reported grant?

After the March 6, 2026 grant, Christine Phillips directly holds 22,732 shares of Western New England Bancorp common stock. This total includes both vested and unvested shares specified in the accompanying footnote to the Form 4 filing.

What unvested stock awards does WNEB’s Christine Phillips have outstanding?

Christine Phillips has 6,267 unvested time-based incentive stock award shares. According to the filing, 3,289 shares vest on December 31, 2026, 2,082 shares on December 31, 2027, and 896 shares on December 31, 2028, subject to applicable award conditions.

Does the WNEB Form 4 show any open-market buying or selling by Christine Phillips?

The Form 4 shows a grant of 2,684 common shares at a price of $0.00 per share, reflecting an equity award rather than an open-market purchase or sale. No transaction codes indicating open-market buying or selling appear in the provided data.

What indirect Western New England Bancorp holdings does Christine Phillips report on this Form 4?

Christine Phillips reports indirect ownership of Western New England Bancorp common stock through benefit plans. She holds 2,828 shares indirectly through an ESOP and 1,856 shares indirectly through a 401(k) plan as reflected in the holding entries in the Form 4.
Western New Eng Bancorp Inc

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255.68M
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Banks - Regional
Savings Institution, Federally Chartered
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United States
WESTFIELD